London:04:24:26 New York:23:24:26  HongKong:11:24:26 Tokyo:12:24:26
繁体 | 简体 | English

Trading Fact Sheet

Loco London Gold Loco London Silver Renminbi Kilo Gold Bar

Product Code∶ LLG Product Name∶ Loco London Gold
Minimum Lot/Deal∶ 0.1 Lot Maximum Lot/Deal∶ 30 Lots
Contract Size∶ 100 Troy Ounce Minimum Fluctuation∶ US$0.01
Margin Requirement∶ 1.Day Trade/Overnight Margin Requirement is 2% contract value;
2.Weekend/Market Break Margin Requirement is 2% contract value;
3.At the time of market break (weekend/market holiday), if client's account Equity is less than 100% of the Weekend/Market Break Margin Requirement, the trading system will hedge all outstanding positions to minimize the market risk without prior notice;
4.When necessary margin is below 100% of the Margin Requirement, the system will indicate a "RED" color at the margin tool bar, in this case the trading system will only accept "Liquidation" order and do not accept any "New Hedge" order;
5.Client may unlock any hedged position when necessary margin is below 100%, but please be reminded that the system will not accept any order to hedge again if the Effective Equity is below 100%。Please read paragraph 4. above.
Remark: Hedged Position Margin Requirement : 1% contract value
Open Trade Commission∶ US$50- per Lot (For reference only)
Close Trade Commission∶ None
Leverage Ratio∶ Product Price × Contract Size/Margin Required = Leverage Ratio
Trade Spread∶ US$0.50 (Trade Spread may be widened due to market volatility)
Minimum Deviation from Prevailing Price for Limit/Stop Order Placement∶ US$2.00 (Minimum Deviation may be widened due to market volatility)
Modification/Cancellation of Limit/Stop Order Placed∶ The trading system may reject the request to modify or cancel Limit/Stop Order placed if the preset price is too close to the prevailing price. (The current setting is US$0.50 from the prevailing price but it may be widened due to market volatility).
Cancellation of Limit/Stop Order∶ The system will automatically cancel all outstanding Limit/Stop Orders upon market break (weekend/market holiday).
Swap Rate Long (BUY)∶ Client pays US$12/day (Swap Rate may be revised from time to time without prior notice, please refer to the trading system).
Short (SELL)∶ Client pays US$2/day (Swap Rate may be revised from time to time without prior notice, please refer to the trading system).
Swap Charge∶ Overnight position will be charged with Swap Rate on daily basis except on Fridays whereby 3 days' Swap Rate will be charged.
Forced Liquidation∶ If Equity/Necessary Margin Required falls to ≤20%,system will start to liquidate all outstanding positions (for details, please refer to Client Agreement).
Daily Settlement Time∶ Summer : 05:00 (Beijing Time)
Winter : 06:00 (Beijing Time)
P/L Calculation∶ (Sell - Buy) × Contract Size × No. of Lots - Commission ± Swap Charge
Normal Trading Hours∶ Winter : (Beijing Time)
     Monday 08:00 to 06:00 next day
     Tuesday 07:00 to 06:00 next day
     Wednesday 07:00 to 06:00 next day
     Thursday 07:00 to 06:00 next day
     Friday 07:00 to 03:30 next day

Summer : (Beijing Time)
     Monday 08:00 to 05:00 next day
     Tuesday 06:00 to 05:00 next day
     Wednesday 06:00 to 05:00 next day
     Thursday 06:00 to 05:00 next day
     Friday 06:00 to 03:00 next day

(For market holiday arrangements, please refer to company announcement on official website)
Product Code∶ LLS Product Name∶ Loco London Silver
Minimum Lot/Deal∶ 0.1 Lot Maximum Lot/Deal∶ 10 Lots
Contract Size∶ 5,000 Troy Ounce Minimum Fluctuation∶ US$0.01
Margin Requirement∶ 1.Day Trade/Overnight Margin Requirement is 2% contract value;
2.Weekend/Market Break Margin Requirement is 2% contract value;
3.At the time of market break (weekend/market holiday),if client's account Equity is less than 100% of the Weekend/Market Break Margin Requirement, the trading system will hedge all outstanding positions to minimize the market risk without prior notice;
4.When necessary margin is below 100% of the Margin Requirement, the system will have a "RED" color indication at the margin tool bar, in this case the trading system will only accept "Liquidation" order and not accept any "New Hedge" order;
5.Client can unlock any hedged position when necessary margin is below 100%, but please be reminded that the system will not accept any order to hedge again if the Effective Equity is below 100%. Please refer to paragraph 4. above.
Remark: Hedged Position Margin Requirement : 1% contract value
Open Trade Commission∶ US$50- per Lot (For reference only)
Close Trade Commission∶ None
Leverage Ratio∶ Product Price x Contract Size/Margin Required = Leverage Ratio
Trade Spread∶ US$0.04 (Trade Spread may be widened due to market volatility)
Minimum Deviation from Prevailing Price for Limit/Stop Order Placement∶ US$0.20(Minimum Deviation may be widened due to market volatility )
Modification or Cancellation of Limit/Stop Order Placed∶ The trading system may reject the request to modify or cancel Limit/Stop Order placed if the preset price is too close to the prevailing price. (The current setting is US$0.05 from the prevailing price but it may be widened due to market volatility).
Cancellation of Limit/Stop Order∶ The system will automatically cancel any outstanding Limit/Stop Orders upon market break (weekend/market holiday)
Swap Rate Long (BUY)∶ Client pays US$12/day (Swap Rate may be revised from time to time without prior notice, please refer to the trading system)
Short (SELL)∶ Client pays US$2/day (Swap Rate may be revised from time to time without prior notice, please refer to the trading system)
Swap Charge∶ Overnight position(s) will be charged with Swap Rate on daily basis except on Fridays whereby 3 days' Swap Rate will be charged.
Forced Liquidation∶ If Equity/Necessary Margin Required falls to ≤20%,system will start to liquidate all outstanding positions(For detail, please refer to client agreement)
Daily Settlement Time∶ Summer : 05:00 (Beijing Time)
Winter : 06:00 (Beijing Time)
P/L Calculation∶ (Sell Price – Buy Price) × Contract Size × No. of Lots - Commission ± Swap Charge
Normal Trading Hours∶ Winter : (Beijing Time)
     Monday 08:00 to 06:00 next day
     Tuesday 07:00 to 06:00 next day
     Wednesday 07:00 to 06:00 next day
     Thursday 07:00 to 06:00 next day
     Friday 07:00 to 03:30 next day

Summer : (Beijing Time)
     Monday 08:00 to 05:00 next day
     Tuesday 06:00 to 05:00 next day
     Wednesday 06:00 to 05:00 next day
     Thursday 06:00 to 05:00 next day
     Friday 06:00 to 03:00 next day

(For market holiday arrangements, please refer to company announcement on official website)
Product Code∶ LKG Product Name∶ Renminbi Kilo Gold Bar
Minimum Lot/Deal∶ 1 Lot Maximum Lot/Deal∶ 10 Lots
Contract Size∶ 1 Kg (1,000 g) Minimum Fluctuation∶ RMB 0.10
Margin Requirement∶ 1.Day Trade/Overnight Margin Requirement is 2% contract value;
2.Weekend/Market Break Margin Requirement is 2% contract value;
3.At the time of market break (weekend/market holiday), if client's account Equity is less than 100% of the Weekend/Market Break Margin Requirement, the trading system will hedge up all outstanding position to minimize the market risk without prior notice;
4.When necessary margin is below 100% of the Margin Requirement, the system will have a "RED" color indication at the margin tool bar, in this case the trading system will only accept "Liquidation" order and does not accept any "New Hedge" order;
5.Client can unlock any hedged position when necessary margin is below 100%, but please be reminded that the system will not accept to hedge up again if the Effective Equity is below 100%。Please read Trading Margin Note (4).
Remark: Hedged Position Margin Requirement : 1% contract value
Open Trade Commission∶ RMB 100 per Lot (For reference only).
Close Trade Commission∶ None
Leverage Ratio∶ Product Price x Contract Size/Margin Requirement = Leverage Ratio
Trade Spread∶ RMB 0.20 (Trade Spread may be widened due to market volatility).
Minimum Deviation from Prevailing Price for Limit/Stop Order Placement RMB 0.25 (Minimum Deviation may be widened due to market volatility).
Modification or Cancellation of Limit/Stop Order Placed: The trading system may reject the request to modify or cancel Limit/Stop Order placed if the preset price is too close to the prevailing price. (The current setting is RMB 0.10 from the prevailing price but it may be widened due to market volatility).
Cancellation of Limit/Stop Order∶ The system will automatically cancel any outstanding Limit/Stop Order upon market break (weekend/market holiday).
Swap Rate Long (BUY)∶ Client pays RMB 16.50/day (Swap Rate may be revised from time to time without prior notice, please refer to the trading system).
Short (SELL)∶ Client pays RMB 8.50/day (Swap Rate may be revised from time to time without prior notice, please refer to the trading system).
Swap Charge∶ Overnight position will be charged with Swap Rate on daily basis except on Fridays whereby 3 days' Swap Rate will be charged..
Force Liquidation∶ If Equity/Necessary Margin Requirement falls to ≤20%, system will start to liquidate all outstanding positions (for details, please refer to Client Agreement).
P/L Calculation∶ (Sell- Buy) × Contract Size × No. of Lots - Commission ± Swap Charge
Normal Trading Hours∶ Winter : (Beijing Time)
     Monday 08:00 to 05:00 next day
     Tuesday 07:00 to 05:00 next day
     Wednesday 07:00 to 05:00 next day
     Thursday 07:00 to 05:00 next day
     Friday 07:00 to 03:30 next day

Summer : (Beijing Time)
     Monday 08:00 to 05:00 next day
     Tuesday 07:00 to 05:00 next day
     Wednesday 07:00 to 05:00 next day
     Thursday 07:00 to 05:00 next day
     Friday 07:00 to 03:00 next day

(For market holiday arrangements, please refer to company announcement on official website)

Copyright ©2011 Chancellor Precious Metals Limited (www.cpm888.com), All Rights Reserved.