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Gold Online Futures
Gold Online Futures
Precious metal gold
Investors could manage risk asset by trading precious metal in Global market which includes gold,silver,copper etc.
Start to trade Metals Futures
Gold Futures trading in COMEX market which is a world class gold, trading market makes more liquidity financial.
Gold Online Futures
Precious metal gold
Investors could manage risk asset by trading precious metal in Global market which includes gold,silver,copper etc.
Start to trade Metals Futures
Gold Futures trading in COMEX market which is a world class gold, trading market makes more liquidity financial.
Gold Online Futures
 | Gold Online Futures is a standardized contract between two parties to buy or sell gold (99.5% purity) at agreed futures price. The investors can take an advantage in making profit in Thai baht according to the gold price expectation in both uptrend and downtrend by trading in Thailand Futures Exchange market (TFEX) and Thailand Clearing House Co.,Ltd. (TCH) will guarantee clearing and settlement for a concerned party . The Securities and Exchange Commission (SEC) will also regulate in TFEX trading. Therefore, the investors can be confident that every trading transaction will be transparent and reliable. |
Why do we trading gold of purity 99.5%?
-Because pure gold trading is International Trading Standard
-Price move directly reflect the price of gold in the world market
-Standard size to transfer London Gold Fix
-Because pure gold trading is International Trading Standard
-Price move directly reflect the price of gold in the world market
-Standard size to transfer London Gold Fix
Pre-Trade Knowledge
Advantage of Gold Online Futures Contract
• Gold price of pure gold 99.5% that reflect spot gold
• Bargaining and composing for open price and close price
• No risk in Thai Baht
• Payment by cash, need not be bullion gold deliverable
• Trading in Thai Baht, Easy to calculate
• Price will follow spot gold price, reduce complication for analysis
• Trading by yourself through internet
• Service information, news by marketing team
• Take benefit on bullish trend and bearish trend
• Profit margin increase by 3-5%
Gold Online Futures
|
Heading |
Contract Specification |
|
Underlying Asset |
Gold Price with a purity of 99.50% |
|
Ticker Symbol |
GO |
|
Contract Size |
1 contract = 300 multiplier of the reference price per troy ounce |
|
Contract Months |
2 nearest quarterly month (March, June, September, December) |
|
Price Quotation |
USD per troy ounces |
|
Minimum Price Fluctuations |
USD 0.1 per contract unit |
|
Price Limit |
Initial price limit is +10% from the latest settlement price. Should traded price reach the limit, trading will be halted for a certain period announced by TFEX. After trading resumes, the price limit will be expanded to +20% of the latest settlement price. |
|
Contract Months |
1 nearest quarterly month (March, June, September, December) |
|
Trading Session |
Pre-open: 9:15 – 9:45 hrs.
|
|
Final Settlement Price |
The LBMA Gold AM Fixing price on the last trading day as published by ICE Benchmark Adminstration (IBA). There will be no foreign exchange rate adjustment. |
|
Position Limit |
Exchange may announce the position limit as it deems appropriate. |
|
|
The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:30 hrs. In case the last trading day falls on a LBMA's holiday, TFEX will annouce the new last trading day accordingly |
|
Settlement Type |
Cash Settlement in THB |
(Open Short) 1 futures at $1,230 and close short at $1200
so make profits = $30 * 300 = 9,000 baht * It isn’t deducted total cost and fee of trading
