Since the listing of PTA futures, its liquidity has been continuously improved, and more and more investors have begun to invest in PTA futures. Before investing, we need to know something about its trading system. Do you know what a floating point of PTA futures is?

What is the floating point of futures PTA?

Primary PTA futures fluctuate by one point 10 yuan. The profit and loss of each commodity futures fluctuation point is its minimum fluctuation price multiplied by the trading unit of each futures. The minimum fluctuation price of futures PTA is 2 yuan/ton, and the trading unit is 5 tons/lot, so the fluctuation point is 10 yuan.

The lowest futures price and futures trading unit can be directly inquired on the website of the futures exchange. China's futures trading includes Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, China Financial Futures Exchange, and Guangzhou Futures Exchange, which is under preparation.

Stock index futures use contract multiplier to express contract value. The contract multiplier is 300 yuan per point, and the minimum variable price is 0.2. Therefore, for every point of futures fluctuation, the profit and loss will be 60 yuan.