What is the significance of reserve in futures, what is the significance of settlement of reserve balance on the same day, why and how to calculate it?

Futures reserve refers to the futures settlement reserve, which is the funds prepared in advance by members in the special settlement account of the exchange for trading settlement, and is the deposit not occupied by the contract. The minimum balance of the settlement reserve shall be determined by the exchange.

Calculation formula of settlement reserve:

Balance of settlement reserve for the current day = balance of settlement reserve for the previous trading day+trading margin for the previous trading day-trading margin for the current day+actual offset amount for the current day+profit and loss for the current day+trading margin for the current day+other funds, etc.

Calculation formula of transaction cost:

Transaction cost = ∑ [volume (lot) × contract transaction cost (yuan/lot)

Forgot whether it was World War I or World War II, which foreign photographer committed suicide after winning an award for photographing an eagle catching an African child?

What is open source securities?

TF Securities Co., Ltd. How about Chongqing Cangbai Road Securities Business Department?

Consumer futures

NCM diaphragm compaction density

Why speculation in futures is easy to go bankrupt?

Why did Alipay repay the loan in advance, but still couldn't borrow money?

Borrow it often and pay it back in advance, from 1w to 6w, with interest of 20,000 yuan. There is no extra handling fee

What are the advantages and disadvantages of spot gold and futures gold?

Behind the scenes of Wulin Legend: Yan Ni only wanted to play the leading role, Sebrina was disgusted and ugly, and Sha Yi was almost replaced.

How does Tianlong Babu improve his mental method? Where can I see my psychological level?