Currently, there are two ways to collect the exchange's commission:
1, according to the number of lots, that is, how much a lot of yuan
such as the sugar contract for 3 yuan / hand. Corresponding formula: N hand a futures contract fee = fixed fee × N hand, then a hand of sugar fee is 3 dollars
2, according to the proportion of the transaction amount, generally are how many ten thousandths
Corresponding formula: N hand a futures contract fee = open/close position transaction price × trading unit (contract) multiplier) × handling rate × N hand, to rebar, for example, rebar handling fee is one ten thousandth of the transaction amount, if the price of rebar is 4,000 yuan, then a hand of rebar handling fee = 4,000 * 1 * 10 * ten thousandths = 4 yuan.
Expanded Information
Major futures exchanges in the world?
1, Chicago Board of Trade
Chicago Board of Trade is currently the world's largest trading scale, the most representative of agricultural exchanges. Chicago Board of Trade in addition to providing corn, soybeans, wheat and other agricultural futures trading, but also for the medium and long-term U.S. government bonds, stock index, municipal bond index, gold and silver and other commodities to provide futures trading market, and to provide agricultural products, financial and metal options trading.
The futures prices of corn, soybeans, wheat and other varieties on the Chicago Board of Trade have not only become an important reference price for U.S. agricultural production, but have also become an authoritative price in the international trade of agricultural products.
2, the London Metal Exchange
London Metal Exchange is the world's largest non-ferrous metal exchange, the London Metal Exchange prices and inventories of non-ferrous metal production and sales on a world scale has an important impact.
From the beginning of this century, the LME began to publicly release its transaction prices and is widely used as a benchmark price for the world metal trade. Seventy percent of the world's total copper production is traded according to the official price published by the London Metal Exchange as a benchmark.
3, the Chicago Mercantile Exchange
Chicago Mercantile Exchange, formerly known as the Agricultural Products Exchange, was founded by a group of agricultural dealers in 1874. 984, the Chicago Mercantile Exchange and the Singapore International Financial Exchange took the lead in the world to carry out the networking of exchanges between the trading, traders can be between the two exchanges for the European dollar, Japanese yen, the British pound. The Chicago Mercantile Exchange and the Singapore International Financial Exchange were the first in the world to carry out inter-exchange network trading, allowing traders to carry out inter-exchange futures trading in the European dollar, Japanese yen, British pound sterling and Deutsche mark.
China.com - The World's Major Futures Exchanges and Trading Varieties
Baidu Encyclopedia - Futures Handling Fee