Minimum variation multiplied by transaction unit multiplied by transaction quantity. For example, gold futures, 0.01*1000 *1=10. For every 0.0 1 change in gold futures, the profit will be 10 yuan. 0.0 1 is the variation. 1 000g is the unit of gold futures trading (1 000g is1lot),1is the number of lots-this is the minimum purchase amount of gold. Similarly, for soybean futures, 1 * 1 = 1.
The so-called gold futures refer to futures contracts with the gold price of the international gold market as the trading target at a certain time in the future. The profit and loss of investors buying and selling gold futures is measured by the difference between entry and exit, which is the physical delivery after the contract expires.