OTC Market
iPAu100g
OTC
Trading Market
100g/lot
Trading Unit
| Trading Product | iPAu100g | |
| Contract Code | iPAu100g | |
| Trading Method | Price Asking | |
| Trading Unit | 100g/lot | |
| Trading Type | Spot, forward, swap | |
| Spot Quotation Unit | yuan/g | |
| Spot Minimum Price Fluctuation | 0.01 yuan/g | |
| Minimum Order Size | 1 lot | |
| Maximum Order Size | 50,000 lots | |
| Trading Hours | From 9:00 to 17:00 on each trading day | |
| Settlement method | Delivery versus payment upon the maturity date | Cash settlement on net amount upon the maturity date |
| Deliverable Bullions | Gold bars with a standard weight of 0.1 kg and a fineness of no lower than 99.99% | N/A |
| Delivery Mode | Physical Delivery | Cash settlement |
| Quality Standards | Standard physical bullions produced by SGE certified gold producers and meet SGEB2-2004 quality standards, or produced by qualified producers certified by London Bullion Market Association (LBMA). | N/A |
| Delivery Location | SGEI Certified Vault | N/A |
| Possible Reference Prices | N/A | A market price published by the Exchange, such as opening price, closing price, weighted average price, benchmark price or any other price agreed upon by the parties on a date designated by the parties. |