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Trading Rules
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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)