? Different regions and different futures companies charge different handling fees. Relatively large and powerful futures companies have lower commission, while some small futures companies are slightly higher, the commission will also vary according to the size of the customer's capital, the number of transactions, the amount of money or even millions of customers, futures companies will also be moderately lower commission.

There are currently two ways of charging handling fees on the exchanges (as of December 2019):

1. By lot, i.e., how many dollars a lot

For example, the soybean oil contract is $2 per lot. Corresponding to the formula: N hands of a futures contract fee = fixed fee × N hands, then a hand of soybean oil fee is 2 dollars

2, according to the proportion of the transaction amount, generally are how many ten thousandths

Corresponding to the formula: N hand a futures contract fee = open/close transaction price × trading unit (contract multiplier) × fee rate × N hand , to iron ore, for example, the iron ore fee is one ten thousandth of the amount of the transaction, if the price of iron ore is 5,000 yuan, then a hand of rebar fee = 5,000 * 1 * 10 * one ten thousandth of a dollar = 5 yuan.

Expanded Information

Related Provisions of the Basic Business Rules for Futures Trading

According to Article 47 of the CSRC's "Measures for the Administration of Futures Exchanges," futures trading must be carried out through centralized bidding on futures exchanges, and over-the-counter (OTC) transactions that are not aggregated through centralized bidding on futures exchanges are prohibited. Futures trading is based on the principle of price-first and time-first aggregation of transactions.

Article 48 stipulates that the transaction fees collected by futures exchanges through their members shall not be higher than those stipulated in the futures contracts.

Article 49 stipulates that the margins collected by futures exchanges from their members shall be used to guarantee the fulfillment of futures contracts. Guaranteed metal members all. The futures exchange shall open a special settlement account in its designated settlement bank to store the member's margin and shall not be misappropriated.

Baidu Encyclopedia-Futures Handling Fee

Linyi Lanshan District Court-Futures Exchange Management Measures

Baidu Encyclopedia-Futures Trading Handling Fee Standard