The topic should be how much it costs to trade the first-hand CSI 1000 stock index futures. This is related to the futures margin.

According to the provisions of CICC, the contract multiplier of CSI 1000 stock index futures is 200 yuan RMB per point. At present, the margin of CSI 1000 stock index futures is 15%.

The calculation formula of futures margin is: latest price * contract multiplier * margin ratio.

If the price of CSI 1000 stock index futures 2208 is 6962 points and the contract multiplier is 200 yuan per point, it will be calculated according to the margin ratio of 15%.

Then the margin required for trading the first-hand CSI 1000 stock index futures is: 6962*200* 15%=208860 yuan.