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How much margin is needed for coke futures trading?
The minimum trading margin for coke futures is 8% of the contract value. Coke is a solid fuel, mainly used for smelting, and also used as raw material for making water gas and chemical industry. Coke futures is a standardized contract with coke as the subject matter. The trading code of coke futures is J, the trading unit is per lot100t, the lowest fluctuation price is per ton of 0.5 yuan, and the minimum trading margin is 8% of the contract value.

Sometimes the price of coke futures goes down, which may be related to the season. As the temperature rises, people's demand for coke decreases, and with the approach of the 70th National Day, the improvement of environmental protection will be further tightened. The superposition of many factors leads to the decrease of coke demand, but the increase of supply, so the price of coke goes down.

Extended data

No matter whether the coke goes up or down, it can be traded. The contract value of coke futures is very high. When trading futures, customers have to pay a certain percentage of handling fees in addition to the margin. The calculation formula of coke futures commission is as follows

Handling fee = contract quotation * contract specification * handling fee ratio * lots. It is known that the contract price of coke futures is 2000, the contract specification is 100t per lot, the handling fee ratio is 0.6% of the contract value, and the closing fee ratio is 1.8%, so the coke handling fee is 2000 * 100 * 0.6% = 12.

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