Margin Trading
Au(T+N1)
Gold
Trading Product
Matching
Trading Market
100 g/lot
Trading Unit
Quotation Unit | yuan/gram |
Minimum Price Fluctuation | 0.01 yuan/gram |
Daily Price Limit | settlement price of the previous trading day ± 6% |
Minimum Quotation Size | 1 lot |
Maximum Quotation Size | 2000 lots |
Trading Hours | Day Session: 9:00 -15:30; Night Session: 20:00 -02:30 |
Settlement method | Daily mark-to-market Settlement |
Deliverable Bullions | 1kg gold ingots-fineness no less than 99.99% |
Delivery Mode | Tendering for Delivery |
Time of Delivery | The same day as delivery requests are successfully matched |
Quality Standards | *see delivery standard above |
Delivery Location | SGE Certified Vault |
Transaction Fee | 0.02% of the contract value /*Note: Margin Ratio:7% |
Delivery Fee | 0 |
Listing Date | November 5th, 2007 |