Komisiyɔnw ni sara minnu bɛ kɛ futures transactions kan

Sani i ka futures jago daminɛ, i ka kan k’i yɛrɛ dɔn nin kalansen in nuances bɛɛ la. O la – ka komisiyɔnw kalan minnu bɛna sara ni jago bɛ kɛ fɛnw falen-falen yɛrɛ kan ani HKO NCC (National Clearing Center).

Futures ye mun ye?

Komisiyɔn minnu bɛ siniko kan Moskow Exchange kan

Komisiyɔn minnu bɛ sɔrɔ sanni senfɛ, olu bɛɛ bɛ sara jagokɛla fɛ, fo ni bolomafara min bɛ kɛ Garanti nafolo la – mɔgɔw bɛɛ bɛ wari di a ma.

Ka da a kan a ye yamaruya di jago ma

Bolomafara suguya damadɔ bɛ yen, ka kɛɲɛ ni Lajɛden suguya ye:

• “O” – miliyɔn 5 ruble (sɔrɔli sugandili bɛɛ la: stock, wari ani jagofɛnw);
• “F1” walima “F2” – miliyɔn 3 ruble (sɔrɔ ka se ka stock sugandi);
• “T1” walima “T2” – miliyɔn 1 (sɔrɔli ka ɲɛsin fɛnw sugandili ma);
• “D1” walima “D2” – miliyɔn 1 ruble (sɔrɔ wariko sugandili la).

Ka taa Garanti Fond la

Nin derivatives suguya bolofara in bɛ sigi senkan Clearing Center fɛ ka kɛɲɛ ni bolomafaraw ye minnu bɛ bɔ Participants bɛɛ la minnu sɔnna clearing la. Garanti nafolo kun ye ka faratiw kunbɛn minnu bɛ sɔrɔ ni a bɛ se ka kɛ ko lajɛdenw ma se k’u ka wajibiw dafa.

Clearing Members ka bolomafara fitinin min bɛ kɛ o nafolosɔrɔsiraw la, o ye miliyɔn 10 ye.

Walasa ka siniɲɛsigi bɛnkansɛbɛnw dafa

Sara hakɛ min bɛ nin ko in na, o jate bɛ kɛ nin cogo la: FutFee = Round (Round (abs(FutPrice) * Round(W(f)/R(f);5) ;2) * BaseFutFee;2), yɔrɔ min na:

• FutFee — futures jago sara (rubaliw la), tuma bɛɛ ≥ 0,01 rubles ;
• FutPrice — nataw sɔngɔ;
• W(f) — musaka min ye sɔngɔ fitinin taamasiyɛn ye siniɲɛsigi kuncɛlenw na ;
• R(f) ye sɔngɔ fitinin ye min bɛ kɛ siniɲɛsigi kuncɛlenw na;
• Lamini – baarakɛcogo min bɛ jateden dɔ Lamini ni tigitigi dilen ye;
• abs – modulu jatebɔ baarakɛcogo (jatebɔ min ma bolonɔ bila).
• BaseFutFee — basigi hakɛ min bɛ sɔrɔ jɛkuluw ka bɛnkansɛbɛnw na minnu bɛ yen nin cogo la : wari — 0,000885% ; tɔnɔ – 0,003163% ; stock — 0,003795% ye; index – 0,001265% ye ; jagofɛnw – 0,002530%.

Walasa ka bɛnkansɛbɛnw dafa ka da margin kan

Futures margined fees jate bɛ kɛ nin cogo la: OptFee = Round (min [(FutFee * K); Round(Premium * Round(W(o)/R(o);5) ;2) * BaseFutFee] ;2), yɔrɔ min na:

• OptFee — wari falen-falen komisiyɔn (rubaliw la), tuma bɛɛ ≥ 0,01 rubɛw;
• FutFee ani Round – olu ni dakun tɛmɛnen nafaw bɔlen don ɲɔgɔn fɛ;
• W(o) — siniɲɛsigi sɔngɔ fitinin taamasiyɛn hakɛ (rubɛri la);
• R(o) — sɔngɔ fitinin taamasiyɛn nataw la;
• K ye coefficient ye min bɛ bɛn 2 ma;
• Premium — option premium hakɛ (sumanikɛlanw kɔnɔ minnu kofɔlen don komandi kɔnɔ ka ɲɛsin futures sɔngɔ ma);
• BaseOptFee – basigi hakɛ nafa ye 0,06325 (wari falenfalen), basigi sɛgɛsɛgɛli hakɛ ye 0,04675 ye.

Ka ɲɛsin scalping jagokɛlaw ma

Commission for scalping trades on futures jatebɔ bɛ kɛ ni nin formula ninnu ye:

• Sara = (OptFee (1) + OptFee (2)) * K → ni OptFee (1) = OptFee (2);
• Sara = 2 * OptFee(1) * K + (OptFee(2) – OptFee(1)) → ni OptFee(1)< OptFee(2);
• Sara = 2 * OptFee(2) * K + (OptFee(1) – OptFee(2)) → ni OptFee(1) > OptFee(2).

Min:

• OptFee(1) — sara hakɛ bɛɛ lajɛlen min bɛ kɛ jagokɛtaw la minnu bɛ na ni siniɲɛsigi dabɔli ye;
• OptFee(2) — hakɛ bɛɛ lajɛlen min bɛ na ni siniɲɛsigi dadonni ye;
• K ye coefficient ye, a bɛ bɛn 0,5 ma tuma bɛɛ.

jɛyali

A bɛ latigɛ Risi rubɛw la kelen-kelen ka ɲɛsin fɛnw falenfalenni suguya kelen-kelen bɛɛ ma. Fɛn o fɛn bɛ se ka sɔrɔ komisiyɔnw labɛnni ko
la sɛbɛn kɔnɔ min dira Moskow Exchange fɛ.

Ka ɲɛsin jagokow ma

Saraw tilalen don suguya 3 ye, jagokow kama:

• Baarakɛbaliya. U bɛ baara kɛ ni jago caman kɛra, nka jago damadɔw de bɛ kɛ. Jateminɛ kɛcogo : TranFee = 0,1 max (K – (f * l) ;0), yɔrɔ min na :
  • k – jatebɔ min bɛ kɛ jago in na (a bɔra jatebɔsen in na);
  • f – sara min bɛ sara jagokɛcogo la ;
  • l — jate min bɛ bɛnkan in na (a bɔra tabali la min bɛ duguma).
• Sanjiba kunbɛncogo fililen. U bɛ baara kɛ ni o ɲɔgɔnna jago caman bɛ yen ni fili kode 9999. Komisiyɔn min ka dɔgɔ ni 1 ba 1 ye jagokɛlaw ka lajɛ kelen na, o tɛ sara. Sara min bɛ se ka kɛ kalan kelen na, o ye ruble ba 45 ye. Jatebla jɔnjɔn ye : Sbor (l) = min (max (x, x2 / 50), 250) * 3.
• A kɛra fili ye nka a ni Sanjiba Kɔlɔsili tɛ kelen ye. A bɛ kɛ ni o ɲɔgɔnna jago caman bɛ yen ni fili kode 31, 332, 333, 4103, 3, 14, 50 ani 0. Jatebɔcogo: TranFee2 = min (Cap(max);max (2 * Σх(i);Σх ( i)2)). Sara bɛ ta ni TranFee2 > Cap(min). Nafaw ɲɛfɔli:
  • TranFee2 — komisiyɔn hakɛ min bɛ sɔrɔ jagokɛcogo fililenw na (rubɛriw la ni PIB ye);
  • Cap(max), min bɛ bɛn 30.000 ma — komisiyɔn dan hakɛ min bɛ se ka kɛ jago fililenw na (rublew kɔnɔ);
  • Cap(min) bɛ bɛn 1000 ma — komisiyɔn fitinin dantigɛli min bɛ kɛ jagokɛcogo fililenw na (rubɛri la);
  • х(i) ye nafa ye min bɛ jate tuma bɛɛ kelen-kelen ka bɔ yɔrɔ bɛɛ lajɛlen na segin i-nan na ani don dan na.

Tablo min bɛ jatebɔ kɛ jagokɛlaw ni jago nataw la:

Kunnafoni minnu bɛ sɔrɔ sara hakɛ kan, olu bɛ se ka sɔrɔ sɛgɛsɛgɛli rapɔɔriw kɔnɔ

Formula bɛɛ dira walasa ka dɔnniya sɔrɔ ani ka komisiyɔn ni sara cogoya faamuya kosɛbɛ, a ka fisa i yɛrɛ kana foyi jate.

Kalansenw jɛnsɛnni kama

Jagokɛlaw ka sara min sinsinnen bɛ komandiw kan minnu tɛ ladɛrɛsi ye, o bɛ jate nin cogo la: Sara(CS) = FutFee(CS) * (1 – K), yɔrɔ min na:

• FutFee(CS) — komisiyɔn min bɛ baara nataw la, min bɛ sara rubɛw la ka da yamaruyaw kan minnu ma ɲɛnabɔ ;
• Sara(CS) — sara hakɛ min bɛ bɔ rubɛw la ka da komandiw kan minnu ma ladɛrɛsi jago don kelen kɔnɔ;
• K ye pari hakɛ ye, min bɛ bɛn 0,2 ma.

Jagokɛlaw ka sara min sinsinnen bɛ komandi laɲinitaw kan, o jate bɛ kɛ ni nin formula in ye: Sara(CS) = ΣFutFee(CS), yɔrɔ min na nafaw ɲɛfɔliw bɛ tali kɛ tɛmɛnenw na.

Futures ka waati dafalen don ye mun ye?

N’i ​​b’a fɛ ka jɔyɔrɔ dɔ minɛ waati jan kɔnɔ, zuwɛnkalo nataw tiɲɛni laban kɔfɛ (walima jɔyɔrɔ dadon kɔfɛ dɔɔnin ka kɔn a dafa don ɲɛ), i bɛna a ɲini ka nataw san, sɛtanburukalo kaban, nataw (o baara in bɛ wele wulicogo). Ni i ye sanni kɛ kokura (a waati dafalen kɔfɛ), i bɛna a ɲini ka komisiyɔn sara kokura fɛnw falenfalenni ni dilanbaga ma.

Kun min b’a to jɔyɔrɔ dɔ bɛ yen, misali la, o bɛ se ka kɛ dannaya ye Ameriki dɔrɔmɛ bonya la.

Farati min bɛ sɔrɔfɛnw suguya la

Jagokɛla kuraw ni waridonnaw ​​fɛ, nin sugu in falen bɛ farati juguw la. Nin sugu in na, caman bɛ se ka kɛ joona ani k’a sɔrɔ i ma miiri. Don o don, portfolio min bɛ jigin, o bɛ se ka kɛ kɛmɛsarada la tan ni tan ye. Ka fara i ka portfolio liquidation kan, i bɛ se ka juru sɔrɔ fana broker dɔ fɛ. Ni ko gɛlɛn dɔ kɛra, fɔlifɛn kelen walima fɔlifɛn wɛrɛ bin bɛ se ka se 20-60% ma sanga damadɔ kɔnɔ. O bɛ tali kɛ jago la ni leverage ye 1×20 walima ka tɛmɛ o kan.

A ka kan ka faratiw faamuya minnu bɛ se ka sɔrɔ ani ka nafolo sɔrɔlenw bɛɛ ɲɛsin fɛnw bɔlenw sugu ma.

Komisiyɔn ni sara minnu ka kan ka sara Moskow Exchange ani HKO NCC (National Clearing Center) la, olu bɛɛ ka sariyaw n’u ka jatebɔ formulaw bɛ u yɛrɛ la. Daɲɛ dɔw bɛ Kɛ tuma bɛɛ, dɔw bɛ Kɛ kelen-kelen ye.