 Commissions
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Headquarters
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Hong Kong Gold
(Day Trade & Overnight Trade)
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HK$140 (per 100 taels)
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HKD London Gold
(Day Trade & Overnight Trade)
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HK$140 (per 100 oz )
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Loco London Gold
(Day Trade & Overnight Trade)
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HK$140 (per 100 oz )
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Loco London Silver
(Day Trade & Overnight Trade)
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HK$140 (per 2500 oz )
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Dealing Hours
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HongKong Gold (HKG), Loco London Gold (LLG) / LLG Options, Loco London Silver (LLS) / LLS Options, Hong Kong Dollar London Gold (HLG)
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Period
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Summertime
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Wintetime
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Monday
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07:00am - 03:00am (next day)
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07:00am - 04:00am (next day)
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Tuesday to Friday
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03:00am - 03:00am (next day)
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04:00am - 04:00am (next day)
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Saturday to Sunday
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Market Close
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Market Close
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Remarks:The Company reserves all right to adjust the trading hours subject to market holiday(s).
Contract Size & Minimum Fluctuation
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Category
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Contract Size per Lot
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Minimum Fluctuation
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HKG
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100 Taels
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HK $ 1 ( HK$100 )
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HLG
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100 OZ
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HK $ 1 ( HK$100 )
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LLG
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100 OZ
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US $ 0.1 ( US $10 )
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LLS
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2,500 OZ
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US $ 0.01 ( US $25 )
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LLG Options
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100 OZ
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US $ 0.1 ( US $10 )
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LLS Options
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2,500 OZ
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US $ 0.01 ( US $25 )
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Remarks:The Company reserves all rights to adjust contract size and minimum fluctuation.
Interest
Interest Rates for Precious Metals
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(HLG,LLG,LLS)
8/3/2010-14/3/2010
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LONG RATE
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Short RATE
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HongKong Gold
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According to daily interest rate of The Chinese Gold &
Silver Exchange Society
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HKD London Gold
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-1.50
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-1.50
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Loco London Gold
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-1.50
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-1.50
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Loco London Silver
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-1.75
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-1.25
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Interest Calculation
( Local London Gold/Silver: Closing Price x Contract Size x Exchange Rate(7.8) x Interest Rate x 1/365 Days )
( HKD London Gold: Closing Price x Contract Size x Interest Rate x 1/365 Days )
Example 1
Client buy 1 contract of Local London Gold at price US$980 per troy ounce and haven't settle it.
Local London Gold closing price is US$988 .
= ( 988 x 7.8 x 100 x -1.50%) ÷ 365
=HK$-31.67(interest to be paid per day)
Example 2
Client sell 1 contract of Local London Gold at price US$990 per troy ounce and haven't settle it.
Local London Gold closing price is US$988 .
= ( 988 x 7.8 x 100 x -1.50%) ÷ 365
=HK$-31.67 (interest to be paid per day)
Example 3
Client buy 1 contract of Local London Silver at price US$15.80 per troy ounce and haven't settle it.
Local London Silver closing price is US$15.90 .
= ( 15.90 x 7.8 x 2500 x -1.75%) ÷ 365
=HK$-14.87 (interest to be paid per day)
Example 4
Client sell 1 contract of Local London Silver at price US$16.00 per troy ounce and haven't settle it.
Local London Silver closing price is US$15.90 .
= ( 15.90 x 7.8 x 2500 x -1.25%) ÷ 365
=HK$-10.62 (interest to be paid per day)
Example 5
Client buy 1 contract of HKD London Gold at price HK$7680 and haven't settle it.
HKD London Gold closing price is HK$7706.
= ( 7706 x 100 x -1.50%) ÷ 365
=HK$-31.67 (interest to be paid per day)
Example 6
Client sell 1 contract of HKD London Gold at price HK$7750 and haven't settle it.
HKD London Gold closing price is HK$7706.
= ( 7706 x 100 x -1.50%) ÷ 365
=HK$-31.67 (interest to be paid per day)
Margin Requirement
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Hong Kong
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Margin Requirement (per contract)
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Hong Kong Gold
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HK$12,000
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HKD London Gold
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HK$12,000
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Loco London Gold
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HK$12,000
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Loco London Silver
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HK$12,000
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Profits Calculation
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(Selling Price - Buying Price) x Contract Size x No. of Contracts +/- Interest - Commission = Profit/Loss )
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Example 1
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Transaction (HK Only)
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Buy 3 contracts of Hong Kong Gold and settle on the same day
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Buying Price
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HK$7,400 per tael
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Selling Price
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HK$7,450 per tael
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Commission (for contract)
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HK Headquarters/Retail Outlets: HK$140 / HK$120
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Minimum Margin Required
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HK$24,000 (HK$8,000 per contract)
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Calculation of Profit and Loss
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[ ( 7,450-7,400 ) x 100 x 3 ] - Commission x 3
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= HK$15,000 - Commission x 3 ( Profit )
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Example 2
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Transaction
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Sell 5 contracts of London Gold and settle on the same day.
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Buying Price
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US$790 per troy ounce
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Selling Price
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US$810 per troy ounce
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Commission (per contract)
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HK$140
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Day Trade Margin
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HK$40,000 ( HK$8,000 per contract )
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Calculation of Profit and Loss
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( 810-790 ) x 100 x 5 x 7.8 - Commission x 5
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= HK$78,000 - Commission x 5 ( Profit )
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Example 3
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Transaction (HK Only)
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Sell 3 contracts of London Silver and settle on the same day
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Buying Price
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US$14.10 per troy ounce
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Selling Price
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US$14.00 per troy ounce
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Commission (per contract)
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HK Headquarters/Retail Outlets: HK$140 / HK$60
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Minimum Margin Required
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HK$24,000 ( HK$8,000 per contract)
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Calculation of Profit and Loss
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( 14.10 - 14.00 ) x 2,500 x 3 x 7.8 - Commission x 3
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= HK$5,850 - Commission x 3 ( Profit )
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(Above listed trading details are for reference only and are subject to changes. For details, please contact the Headquarters/retail outlets.)
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If you have any concerns, please feel free to contact us.
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Hong Kong Service Hotline
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:
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(852) 2838 3959
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China Toll Free Hotline
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:
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400 120 1228
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China Toll Free Fax Numerber
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:
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400 120 2088
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China Hotline
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:
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1311 3866 893
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MSN
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:
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QQ
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:
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531 312 989
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英 皇 金 業 投 資 ( 亞 洲 ) 有 限 公 司
Emperor Bullion Investments (Asia) Ltd.
總 行 地 址 : 香 港 灣 仔 軒 尼 詩 道 288 號 英 皇 集 團 中 心 23 樓
Address : 23/F. , Emperor Group Centre , 288 Hennessy Road , Wanchai , Hong Kong
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