How much is the daily transaction fee for futures?
Futures are traded within days every day, and the handling fee is charged one by one according to the normal intra-day trading order. The standard of futures transaction fees varies from product to product, and the commissions charged by different futures companies may be several times different.
At present, there are two ways to collect futures commission: according to the percentage of contract value and according to the amount of each hand. When futures trading is completed, the handling fee is charged according to the regulations. The more you do, the more the handling fee will be. If there is a reverse transaction of the same variety on the same day, you can apply for unilateral fee collection.
Calculation method of percentage handling fee: handling fee = futures price x trading unit x handling fee ratio. If the fee is charged according to the specified amount, 3 yuan/hand, 5 yuan/hand, 10 yuan/hand, etc. If the transaction price is multiplied by the contract unit and then multiplied by the specified transaction rate, the transaction rate may be 0.5%, 1%, 1.2%, etc.
Summary: users need to understand that the handling fee for intra-day trading of futures is different from that for trading on the next day. Moreover, the biggest enemy of quantitative traders is the high handling fee, and there are too many quantitative traders in the market, which is not good for the market.