Contract Code : FGLD
Underlying Instrument : Gold assayed to a minimum of 995 fineness
Contract Size : 100 grams
Minimum Price Fluctuations : RM0.05 per gram (RM5 per tick)
Trading Day : Monday         -        Friday
Trading Hour : 9.00am        -        12.30pm

2.30pm        -        7.00pm

Contract Months : Spot, next 3 calendar months & any Feb, April, June, Aug, Oct and Dec falling within a 12 month period beginning  with spot months .
Speculative Position Limits : The maximum number of net long or net short positions for all months combined which a client or participant may hold or control is 25,000 contracts.
Final Trading Day : Last business day of the spot month in both London and KL.
Final Settlement : Cash settlementThe Final settlement Value will be calculated using the London Gold AM Fix (quoted USD/Troy oz) on the Final Trading Day adjusted for conversion into RM/gram.Conversion form Troy Ounce to Gram

1 Troy ox = 31.1034768 grams

Brokerages Charged : RM20 (Intraday)
RM24 (Overnight)
Initial Margin : RM500 (Intraday)
RM1,000 (Overnight)

Views – 195

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

Post Navigation