OTC Market
iPAu99.5
OTC
Trading Market
12.5kg/lot
Trading Unit
| Trading Product | iPAu99.5 | |
| Contract Code | iPAu99.5 | |
| Trading Method | Price Asking | |
| Trading Unit | 12.5kg/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 | 500 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 ingots with a Standard Weight of 12.5 kg and a fineness of no lower than 99.50% | N/A |
| Delivery Mode | Physical Delivery | Cash settlement |
| Quality Standards | Physical bullions produced in compliance with SGE gold ingot quality standard SGEB1-2002 by SGE Standard Gold Ingots Delivery refiners, or standard physical bullions produced by LBMA accredited Good Delivery refiners | 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. |