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What is the first-level margin for egg futures?
Hello, take the contract of Egg 1409 as an example.

The current settlement price is: 5409,

The quotation unit is RMB /500KG.

Trading unit: 5 tons/lot.

The current margin of the exchange is: 8%

Therefore, the deposit of the first-hand egg contract is: 5409*5*2*8%=4327.2 yuan.

(Note that 2 here is calculated in the same unit, because the quotation unit is 500kg and the trading unit is tons. )

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