The standard of futures transaction fees is influenced by the amount of customers' funds, transaction volume and other factors, and the futures transaction fees are different in different regions, different futures companies and different varieties. At present, there are two ways to collect the handling fee of the exchange (as of December 219):
1. According to the number of hands, that is, how much is a hand
If the natural rubber contract is 1 yuan/hand. The corresponding calculation formula is: the handling fee of a futures contract for n lots = fixed handling fee ×N lots, so the handling fee of natural rubber for one hand is 1 yuan.
2. According to the proportion of the transaction amount, it is generally ten thousandths.
The corresponding calculation formula is: n lots of a futures contract fee = opening/closing transaction price × trading unit (contract multiplier) × handling fee rate ×N lots. Take hot rolled coil as an example, the handling fee of hot rolled coil is one ten thousandth of the transaction amount. If the price of hot rolled coil is 1, yuan, then the handling fee of hot rolled coil with one hand.
Extended information
Relevant provisions on the collection of security funds by futures exchanges
In addition to handling fees, the exchange will also collect investor protection funds at a rate of .2 ‰, which is equivalent to stamp duty on stock transactions.
1. According to Article 5 of China Securities Regulatory Commission's Measures for the Administration of Futures Exchanges,
Futures exchanges may stipulate the minimum balance of members' deposits in special settlement accounts. When the balance of the member's margin is lower than the minimum balance stipulated by the futures exchange, the futures exchange shall notify the member to add the margin in the manner and time stipulated by the business rules of the futures exchange, and the member shall make up the margin on time; If it is not made up within the time limit, the futures exchange shall force the liquidation until the remaining margin reaches the prescribed minimum balance.
if the forced liquidation order cannot be executed due to market reasons, the futures exchange will not be responsible. The relevant expenses and losses arising from forced liquidation shall be borne by the members.
2. According to Article 51 of the Measures for the Administration of Futures Exchanges of China Securities Regulatory Commission,
A futures exchange may stipulate the margin ratio charged to its members, but it shall not be lower than that stipulated by China Securities Regulatory Commission. The deposit shall be paid in monetary funds. The discount of marketable treasury bonds and standard warehouse receipts against the deposit shall comply with the relevant provisions. No bank guarantee, bank deposit certificate, treasury bonds on behalf of the custody certificate, etc. shall be used to offset the deposit.
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