Spread and contract size
| Major Symbol |
Spread Point |
Contract Size |
| 歐 元 (USD/EUR) |
3 - 10 |
$100k |
| 日 圓 (USD/JPY) |
3 - 10 |
$100k |
| 英 鎊 (GBP/USD) |
3 - 10 |
$100k |
| 瑞 士 法 郎 (USD/CHF) |
3 - 10 |
$100k |
| 澳 元 (USD/AUD) |
3 - 10 |
$100k |
| 新 西 蘭 元 (USD/NZD) |
3 - 10 |
$100k |
| 加 元 (USD/CAD) |
3 - 10 |
$100k |
 |
| |
|
|
| Cross Rate symbol |
|
|
| 歐 元/日圓(EUR/JPY) |
3 - 8 |
$100k |
| 歐 元/瑞士法郎(EUR/CHF) |
3 - 8 |
$100k |
| 歐 元/英鎊(EUR/GBP) |
3 - 8 |
$100k |
| 瑞士法郎/日圓(CHF/JPY) |
3 - 8 |
$100k |
| 澳元/日圓(AUD/JPY) |
3 - 8 |
$100k |
| |
|
|
| (The above for reference only, kindly enquire to your local service Agency for more detail) |
|
1. Nikkei 225 ( Tokyo Stock Exchange)
2. Hang Seng (Hongkong Stock Exchange)
3. KOSPI 200 ( South Korea Stock Exchange) |
| |
| 1. NIKKEI 225 (SSI = Nikkei 225) |
| Contract Size: |
USD10.00 per points |
| Contract months: |
March, June, September and December |
| Transaction Day: |
Monday to Friday |
| Transaction Hours: |
Session I : 06.45 – 13.30 WIB |
| |
Session II : 14.30 – 21.55 WIB |
| Prices Fluctuation: |
min 5 points index |
| Spread: |
10 Points |
| Margin: |
- Day Trade USD1,000.00/ Lot |
| |
- Overnight USD2,000.00/ Lot |
| |
|
| 2. HANG SENG (HSI = Hang Seng) |
| Contract Size: |
USD10.00 per points |
| Contract months: |
No time Limited |
| Transaction Day: |
Monday to Friday |
| Transaction Hours: |
Session I : 08.45 – 11.30 WIB |
| |
Session II : 13.30 – 15.30 WIB |
| Prices Fluctuation: |
Min 1 points index |
| Spread: |
8 Points |
| Margin: |
- Day Trade USD1,000.00/ Lot |
| |
- Overnight USD2,000.00/ Lot |
| |
|
| 3. KOSPI 200 (KOSPI = Kospi) |
| Contract Size: |
USD10.00 per points |
| Contract months: |
March, June, September and December |
| Transaction Day: |
Monday to Friday |
| Transaction Hours: |
Session I : 07.00 – 13.05 WIB |
| Prices Fluctuation: |
min 0.05 points index |
| Spread: |
0.10 Points |
| Margin: |
- Day Trade USD1,000.00/ Lot |
| |
- Overnight USD2,000.00/ Lot |
| |
|
|
|
| |
| Example of the Calculation Transaction: |
| |
| HSI = Hangseng (USD) |
| In April 22 - 2008 , Investor does transaction at Hangseng Index expects ( HSI), to Long interest ( Buy ) 5 lots in the price of index 24.000 price point. The price of Hangseng Index going UP, so reaching 24.300 price point. Then investor taking profit to close transaction, which going short ( Sell ) in position at 24.300 price point. |
| |
| The Calculation Profit and Loss as follow: |
| Gross Profit / Loss = ( Selling Price – Buying Price ) x Contract size x lot |
| Net Profit / Loss = Gross Profit / Loss - Comission |
| |
|
| |
| Gross Profit / Loss |
= |
( 24.300 – 24.000 ) x USD10,00 x 3 lot |
| |
= |
300 point x USD10,00 x 3 lot |
| |
= |
USD9,000,00 ( Profit ) |
| |
|
|
| Net Profit |
= |
USD9,000.00 – Commission |
| |
= |
USD9,000.00 – ( USD50.00 x 3 Lot ) |
| |
= |
USD9,000.00 – USD150.00 |
| |
= |
USD8,850.00 |
| |
|
|
|
| From the above transaction. Client are making net profit of 300 point and the amount is USD8,850.00.(Net Profit ) |
| Gold and Silver Product |
| |
| LOCO London Gold (XAUUSD/LLG) : (US$0.50) |
| LOCO London Silver (XAGUSD/LLS) : (US$0.03) |
| * The spread will be changed according to the market condition. |
| |
ECT enables its clients to perform DAY-TRADING in gold and silver rates against the US dollar.
The gold symbol is XAU, the silver symbol is XAG.
The price of gold refers to its price per ounce in USD. For example, if the price is 612.97, it means that an ounce of gold is traded for USD 612.97. Similarly, the price of silver as well refers to its price per ounce in USD. For example, if the price is 11.853, it means that an ounce of silver is traded for USD 11.853.
There are several weighing methods in the precious metals and stones markets, where the most common is TROY (a TROY ounce equals approximately 31.10 grams; where an AV ounce equals approximately 28.35 grams).
The trading with gold and silver rates is performed as it is done with foreign currencies, by the OTC method (over the counter). That means that the trading is performed directly between the two involved parties, and not via a third party which consolidates the trade (such as an exchange market).
Trading with gold or silver rates, as with foreign currency rates, is non-delivery trading, which does not require the "physical" purchase or sale of the "commodity".
GTI clients and traders, who wish to perform Day-Trading with gold or silver rates, will regard the gold (XAU) and silver (XAG) just as they treat any other foreign currency, however – the trade is done only against the US dollar (USD).
Please note that gold and silver rates are traded worldwide between 01:00-17:30 GMT, Monday through Friday, and that spreads are usually higher during after-hours.
|
| |
|
| |
| Trading Time |
| 1. Loco London Gold |
| HK Time |
|
| Standard Time: |
from Monday 7 a.m. to Saturday 4:00 a.m. |
| Daylight Savings Time: |
from Monday 7 a.m. to Saturday 3:00 a.m. |
| US Eastern Time |
|
| Standard Time: |
from Sunday 6 p.m. to Friday 3:00 p.m. |
| Daylight Savings Time: |
from Sunday 7 p.m. to Friday 3:00 p.m. |
| |
|
| 2. Loco London Silver |
| HK Time |
|
| Standard Time: |
from Monday 7 a.m. to Saturday 4:00 a.m. |
| Daylight Savings Time: |
from Monday 7 a.m. to Saturday 3:00 a.m. |
| US Eastern Time |
|
| Standard Time: |
from Sunday 6 p.m. to Friday 3:00 p.m. |
| Daylight Savings Time: |
from Sunday 7 p.m. to Friday 3:00 p.m. |
| |
|
|
| Remarks: |
US Daylight Savings Time starts at 2am, the Second Sunday of March and ends at 2am, the first Sunday of November.
US Standard Time starts at 2am, the first Sunday of November and ends at 2am, the second Sunday of March.
Trading open hour would be HK Time 07:00 on the first trade day after holidays.
Please note that each day after day end, trading service will be suspended temporarily for maintenance.
Trading hours follow international market holidays, any changes will be announced in this website.
|
| |
| Contract Size |
| Contract size for XAUUSD/LLG is 100 ounces. |
| Contract size for XAGUSD/LLS is 2500 ounces. |
| |
| Margin Requirement |
| Margin Requirement for XAUUSD/LLG is 1% of the contract value. |
| Margin Requirement for XAGUSD/LLS is 4% of the contract value. |
