Does the futures trading margin charge interest?

Not interested. The cash part of the deposit can earn no less than the interest calculated by the bank deposit rate published by the People's Bank of China in the same period.

In futures trading, any trader must pay a small amount of funds according to a certain proportion of the value of the futures contract (usually 5%- 15%) as the financial guarantee for his performance of the futures contract, and then he can participate in the futures contract trading and decide whether to add funds according to the price change.

Futures margin charging system:

The proportion of customer margin shall be set by the futures brokerage company independently, but it shall not be lower than the trading margin charged by the exchange to its members according to relevant laws and regulations. The deposit belongs to the customer, and the futures brokerage company shall not use it for other purposes except for depositing the deposit with the futures exchange for the customer in accordance with the provisions of the China Securities Regulatory Commission.

When the customer's daily settlement margin is lower than the margin level stipulated by the futures exchange or agreed by both parties, the futures brokerage company shall issue a notice of additional margin to the customer as required. The customer fills the margin gap within the specified time.

In the settlement rules of China Financial Futures Exchange, CICC will adopt a hierarchical settlement system, that is, CICC settlement members, settlement members settle non-settlement members and investors, and non-settlement members settle investors. The trading margin charged by clearing members from non-clearing members and investors shall not be lower than that charged by CICC from clearing members, and the trading margin charged by non-clearing members from investors shall not be lower than that charged by clearing members from non-clearing members. The self-operated business of a clearing member can only be conducted through its special self-operated settlement account, and its margin must be settled separately from its brokerage business. Article 37 The Exchange shall calculate the interest according to the monetary fund part of the daily settlement reserve balance of the settlement members, at a rate not lower than the bank deposit rate published by the People's Bank of China for the same period, and convert the interest into the settlement reserve of the settlement members in late March, late June, late September and late June+February each year. The specific interest rate shall be determined, adjusted and announced by the Exchange.