You may be familiar with hot coil futures, but you don't know what hot coil is. Let's popularize it. The full name of hot coil is hot rolled coil. Hot-rolled steel plates are produced by rough rolling and finish rolling slabs. China is the world's largest producer, consumer and exporter of hot-rolled coils. This is closely related to China's vast territory and rapid development after the reform and opening up.

Let's learn how to calculate the handling fee of hot-rolled futures. We assume that the handling fee for hot rolling futures is 0.04% (the handling fee is for reference only, and you can enjoy preferential treatment when opening an account). According to the latest regulations, for example (the example is for reference only, and does not mean that the exchange has set the charging standard for special contracts):

Teacher Sun opened a hot-rolled futures contract at a price of 4550. As can be seen from the above figure, the trading unit of hot-rolled futures is 10t/lot, so the handling fee for opening a hot-rolled futures contract is1* 4550 *10 * 0.04% =18.2. When the price rose to 4,600, Mr. Sun quickly closed the hot-coil futures contract, so Mr. Sun's closing cost was:1* 4,600 */kloc-0 * 0.04% =18.4 yuan, and the opening and closing costs were 18.2+08.4 yuan. (The examples are for reference only, and do not mean that the exchange has set the charging standard for special contracts. )

Reminder: Investment is risky, so be cautious when entering the market.

The futures account is wide-eyed, and the company's qualifications need to be reviewed.

Related Q&A: How many hands can I buy for futures hot coils? The futures variety limit system has the following situations: from the listing of the contract to the last delivery date of the second month before the delivery month, the customer's position limit is 180000 lots. You can buy 180000 lots at most. In the first month before the delivery month, the customer's position limit is 9000 lots. The monthly delivery position limit is 1800 lots.