OTC Market
iLAu995
OTC
Trading Market
12.5kg/lot
Trading Unit
| Trading Product | International Board gold product with a fineness of no lower than 99.5% |
| Contract Code | iLAu995 |
| Trading Type | Price Asking Transaction |
| Trading Unit | 12.5kg/lot |
| Spot Minimum Price Fluctuation | 0.0001% |
| Trading Term | Standard tenors including, among others, O/N, 1W, 2W, 1M, 3M, 6M, 9M and 1Y, and non-standard tenors |
| Spot Quotation Unit | Lease rate (annual rate) |
| Minimum Order Size | 12.5 kg |
| Maximum Order Size | 5,000 kg |
| Trading Hours | 9:00-11:30 and 13:30 -17:02 Monday to Friday, excluding market closed days as per SGE’s announcement |
| Settlement method | Interest netting |
| Deliverable Bullions | Gold ingots with a Standard Weight of 12.5 kg and a fineness of no lower than 99.5% |
| Delivery Mode | Physical delivery on a transaction-by-transaction basis |
| 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 |
| Delivery Location | SGEI Certified Vault |