Multi-unit cost algorithm for Futures Trading
In futures tradingGamekingvideopokeronlineIt is very important for investors to understand the calculation method of multi-unit cost. This paper will introduce in detail the calculation method of multi-unit cost in futures trading, and provide some examples to illustrate.
I. the basic concept of cost
In futures trading, cost refers to the total fee that investors have to pay for the purchase of futures contracts. It includes purchase price, transaction fee and other related fees. The multi-unit cost refers to the average cost per unit when investors buy multiple futures contracts. Understanding multi-unit costs can help investors better manage risks and assess return on investment.
II. Factors affecting multi-unit costs
There are many factors that affect multi-unit costs, including the following:
oneGamekingvideopokeronline. Purchase price: the purchase price is a direct factor affecting multi-unit costs. The higher the purchase price, the higher the multi-unit cost.
two。 Transaction fee: a transaction fee is a fee that needs to be paid in the course of futures trading. The handling standards of different futures companies and exchanges are different, so transaction fees will affect multi-unit costs.
3. Other related fees: in addition to the purchase price and transaction fees, there are other fees that will affect multi-unit costs, such as deposits, overnight fees and so on.
Third, the method of calculating multi-unit cost
To calculate multi-unit costs, we need to know the following information:
Purchase price, transaction quantity, transaction fee, other related fees, 1000 yuan, 10 hands, 5 yuan / hand, 2 yuan / handBased on the above information, we can calculate the multi-unit cost as follows:
Total purchase cost = purchase price × transaction quantity = 1000 × 10 = 10000 yuan
Total transaction fee = transaction quantity × transaction fee = 10 × 5 = 50 yuan
Total other related costs = transaction quantity × other related costs = 10 × 2 = 20 yuan
Multi-unit total cost = total purchase cost + total transaction fee + total other related expenses = 10000 + 50 + 20 = 10070 yuan
Multi-unit cost = multi-unit total cost / number of transactions = 10070 / 10 = 1007 yuan / hand
IV. Examples
Suppose investor A buys 10 futures contracts in the futures market, the purchase price is 1000 yuan, the transaction fee is 5 yuan per hand, and other related fees are 2 yuan per hand. According to the above method, we can calculate that the multi-unit cost of investor An is 1007 yuan / hand.
Investor A can evaluate the return and risk of investment based on multiple unit costs. For example, if investor An expects the future price of the futures contract to be 1200 yuan per hand, then the expected return is (1200-1007) × 10 = 1930 yuan.
V. conclusion
It is very important for investors to understand the calculation method of multi-unit cost of futures trading. Through the introduction of this article, investors can better grasp the calculation method of multi-unit cost and apply it in the actual transaction. At the same time, investors should also pay attention to other cost-related factors, such as purchase price, transaction fees and so on, in order to better manage risks and evaluate investment returns.