Updated Date:2019-03-19
LLG Trading Rules
CODE | GOLD |
---|---|
Contract Sizes | 100 oz |
Margin | US$3000 / Lot |
Weekend And Holidays Margin | The account effective must more than US$3000/Lot, otherwise the open positions will be locked or settled at the closing prices. |
Commission (Open Trade) | US$0-US$50 / Lot |
Commission (Close Trade) | 0 |
Spread | floating |
Limit/Stop Order | 200cents |
Swaps | Three days settlements on Wednesday night — the payments are collected or charged in triple amount. The settlements are not made on weekends . |
Margin Of The Lock | US$500/Set |
Settlement Time | 04:55 a.m ‐ 07:00 a.m (Not For Trade ) |
Trading Time | 22‐hour a day from 07:05 a.m. Monday till 02:55 a.m. Saturday ( Hong Kong Time ) |
The Cut Point | When the Equity ≤10%, the open positions will be settled by the system . |
Attention | 1. Max 10 lots per deal 2. The account effective must more than US$3000/Lot, otherwise the open positions will be locked or settled at the closing prices. 3. All limit and stop orders are G.T.W (Valid on the day) |
LKG Trading Rules
CODE | LKG/ Gold Kilo Bar VS RMB |
---|---|
Contract Sizes | 1000g |
Margin | RMB5000.‐/Lot |
Weekend And Holidays Margin |
The account effective must more than RMB5000/Lot, otherwise the open positions will be locked or settled at the closing prices. |
Commission (Open Trade) | RMB200.‐/Lot |
Commission (Close Trade) | 0 |
Spread | RMB 20cents |
Limit/Stop Order | RMB 200cents |
Swaps | Three days settlements on Wednesday night — the payments are collected or charged in triple amount. The settlements are not made on weekends . |
Margin Of The Lock | RMB5000.‐/Set |
Settlement Time | 03:30 a.m ‐ 08:05 a.m (Not For Trade ) |
Trading Time | 19‐hour a day from 08:05 a.m. Monday till 03:30 a.m. Saturday ( Hong Kong Time ) |
The Cut Point | When the Equity ≤20%, the open positions will be settled by the system . |
Attention | 1. Max 10 lots per deal 2. The account effective must more than RMB5000.‐/Lot, otherwise the open positions will be locked or settled at the closing prices. 3. All limit and stop orders are G.T.W ( Good Till Week) |