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) |