Futures Exchange Service Process
 

1、 The process of exchanging large futures

1. Telephone communication, meeting communication, email communication (confirm requirements)

2. Bring the responsible person and operator to Shenzhen for a detailed interview (at your own expense)

3. Confirm the authenticity and reliability of arranging the leader to wait for the order (the end time is uncertain)

4. During operation, resources need to be submitted to the organizer for scheduling (requiring high cooperation)

5. Unified arrangement of fee and commission settlement allocation (negotiated and signed in advance)

2、 The process of small futures exchange

1、 Detailed steps for futures trading process?

A complete futures trading process includes five steps: opening an account, placing an order, bidding, settlement, and delivery.

1、 Opening an account

After choosing a futures company, you can prepare to submit a commission application and open an account. Account opening adopts real name registration, and futures customers are divided into natural person and legal person customers. Natural person clients must handle the account opening procedures on their own and may not entrust others to do so.

2、 Place an order

There are four ways to place futures orders: telephone orders, written orders, online orders, and self-service terminal orders. When placing an order, it is generally necessary to specify the futures trading variety, trading direction, quantity, month, date, time, and price.

3、 Bidding

There are generally two methods of bidding: open bidding and computer matching, based on the priority order of the declared price from high to low and the declared time.

4、 Settlement

During settlement, the trading gains and losses shall be cleared and transferred according to the settlement price announced by the futures company. This includes the settlement of members by settlement exchanges and the settlement of customers by futures companies.

5、 Delivery

Futures delivery can be divided into physical delivery and cash delivery. Commodity futures delivery is a method of physical delivery, and cash delivery is generally used for futures contracts where financial futures and other futures subject matter cannot be physically delivered.

2、 Handling fees for various futures varieties

There are two types of futures handling fees, one is charged based on the number of transactions, and the other is charged based on tens of thousands of the contract amount.

In addition, the transaction fees of the exchange are not fixed and will be adjusted to increase or decrease based on the activity level of contracts in each month. Please pay attention to the exchange's announcement.

3、 What are the fees for futures

The transaction handling fee, calculated based on the margin, is around 3% to 8% for each futures company, which is around 4% of the transaction amount. On the same day, there is a unilateral fee for back and forth transactions, and on the other night, there is a bilateral fee. Additionally, the fee for palm oil is a bit special, and there is a fee for back and forth transactions on the same day. The handling fee protects all expenses, and there is no bank interest on the funds during the speculation period.

4、 I would like to know the handling fee for several popular futures? Like copper, gold and silver, rebar, rubber, stock index futures?

The handling fees are negotiable! At least 20 dollars for gold!