How is the handling fee of soda ash futures calculated?Detailed

Mondo Finance Updated on 2024-01-28

The calculation method of soda ash handling fee mainly includes two parts: exchange fee and company commission.

Exchange fees are mainly charged based on a certain percentage of the transaction amount, which may vary in different soda ash contracts. Taking Zhengzhou Commodity ** Exchange as an example, the soda ash **2401 contract is the main contract, and the exchange has raised the handling fee standard of this contract. The commission for opening and closing positions is calculated at 4/10,000. The soda ash ** contract fee in other months is lower, and the opening and closing positions are calculated according to 2/10,000.

*The company's commission is usually charged as a percentage of the transaction amount, which is determined by factors such as the amount of the client's funds, the frequency of transactions, and the volume of transactions. If the client's funds are large and the frequency of transactions is high, the company may give a certain commission discount. Investors need to negotiate and communicate with the account manager of ** company before opening an account.

Specifically, the handling fee for one lot of soda ash** is calculated as follows:

1.Determine the trading unit of the soda ash ** contract, and the trading unit of each lot of soda ash** is 20 tons.

2.The exchange fee is calculated, which will vary according to the requirements of different contracts. Taking the 2401 main contract as an example, the exchange fee is 4/10,000. For example, if the opening position of the 2401 contract** is 2715 yuan tons, then the exchange fee for opening a lot of soda ash** is: 2715 yuan tons 20 tons 4/10,000 = 21$7. If we take the 2405 contract as an example, then the exchange fee for opening a position of soda ash** is: 2715 yuan ton 20 tons 2/10,000 = 1086 yuan.

3.Add the exchange fee and the company's commission to get the total handling fee of one lot of soda ash.

It is important to note that the company's commission rate can be applied for a discount, as long as you contact the manager to apply before opening an account. **The company's commission rate is determined based on factors such as the amount of the client's funds, the frequency of trading, the volume of transactions, etc. If the client's funds are large and the frequency of transactions is high, the company may give a certain commission discount.

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