Margin Trading
NYAuTN06、NYAuTN12
Gold
Trading Product
Matching
Trading Market
100g/lot
Trading Unit
| Trading Product | Gold |
| Contract Code | NYAuTN06、NYAuTN12 |
| Trading Method | Deferred contract |
| Trading Unit | 100g/lot |
| Quotation Unit | yuan/g |
| Minimum Price Fluctuation | 0.05 yuan/g |
| Daily Price Limit | 1 percentage point below the rate of Trading Margin |
| Minimum Quotation Size | 1 lot |
| Maximum Quotation Size | 2000 lots |
| Minimum Trading Margin | 6% |
| Trading Hours | Daytime: 9:00-15:30 Night: 19:50-02:30 of the next day |
| Trading Fee | 0.02% of the trading value |
| Clearing Method | Daily mark-to-market |
| Settlement method | Cash settlement |
| Settlement Date | NYAuTN06 - June 15, NYAuTN12 - December 15 To be adjusted to the preceding trading day in case of holiday |
| Settlement Price | Final Settlement Price will be COMEX Gold Futures Asia Spot Price.Settlement Price will be converted to yuan/g. SGE will be using CFETS USD/CNY rate published at 3pm Beijing Time and a factor of 31.10 grams per troy ounces for conversion. |