The cotton handling fee is charged according to a fixed pattern. What is a fixed mode? The so-called fixed mode refers to the amount of handling fees. When buying futures, buy at least one hand of each futures. And every time you buy a hand, you have to pay a part of the handling fee. This is a fixed model.
This is the sum of the handling fee stipulated by the exchange and the handling fee charged by the sales department. At present, the cotton futures commission stipulated by the Exchange is 4.3 yuan/lot. The general business department will add 0.5-5 yuan on this basis, so the final handling fee for cotton futures will be 4.8-9.3 yuan, which is definitely higher than that in 9.3 yuan.
The handling fee for futures is 4.3 yuan per lot, but you still have to pay the handling fee when you close the position. In other words, the liquidation today requires an additional handling fee of 10 yuan, which is also charged according to a fixed pattern.
So is the handling fee of cotton futures in commodity futures expensive? The answer is of course no, because there are many kinds of commodity futures with higher handling fees than cotton futures, such as gold futures in precious metal futures. Only the handling fee stipulated by the exchange is 10 yuan/hand, and the fees charged by futures companies are definitely higher than this standard. Of course, there are varieties that are lower than cotton futures. For example, agricultural futures, soybean futures exchange only accepts 2 yuan/lot, and rapeseed meal only accepts 1.5 yuan/lot. Therefore, the handling fee of cotton futures is neither the highest nor the lowest in commodity futures.
Related Q&A: What is the first-level handling fee for cotton futures? 1. cotton futures commission and deposit 1 hand cotton futures commission 4.3 yuan, deposit 3,000 yuan, cotton futures deposit ratio 5%, 1 hand deposit 3,000 yuan.
Calculation method: 1 margin = current cotton price × 1 tonnage× margin ratio = 12000×5×5%=3000. 2. Basic knowledge of cotton futures trading 1, cotton futures handling fee: 4.3 yuan 2. Cotton fluctuation (trading unit × minimum change price): 25 yuan. 3. Cotton futures trading unit: 5 tons/lot. 4. Minimum change price of cotton futures: 5 yuan/ton. 5. Cotton futures quotation unit: RMB/ton. 6. Cotton futures margin ratio and margin: 5% and 3,000 yuan. 7. Fluctuation range of cotton futures: the settlement price of the previous trading day was 4%. 8. Cotton futures trading code: See 9. Trading hours of cotton futures: Monday to Friday, excluding holidays. 9: 00 am-10:15,10: 30-1:30 pm 13: 30- 15: 00 pm. 10, cotton futures trading software: fast period, master Boyi, cultural finance, etc.