|
Underlying
|
1 kilogram gold of not less than0.9999 fineness bearing a serial number and identifying stamp of a Recognised Refiner
|
|
HKATS Code
|
GDU
|
|
Contract Size
|
1 kilogram
|
|
Trading Currency
|
U.S. dollars
|
|
Contract Months
|
Spot Month and the next eleven calendar months
|
|
Minimum Fluctuation
|
USD 0.01 per gram
|
Trading Hours1
(Hong Kong Time)
|
8:30 a.m. to 4:30 p.m. (day trading session) and
5:15 p.m. to 3:00 a.m. the next morning (after-hours trading session)
|
Trading Hours2on
Last Trading Day
(Hong Kong Time)
|
8:30 a.m. to 4:30p.m.
|
Last Trading Day
(LTD)
|
The third Monday of the Contract Month
Postponed to the next business day if it is a Hong Kong public holiday
|
|
Final Settlement Day
|
The second Hong Kong Business Day after the Last Trading Day
|
|
Settlement Method
|
Physical settlement |
|
Settlement Currency
|
U.S. dollars
|
| Final Settlement Price |
Volume weighted average price of all trades3in the expiring Contract Month during the last thirty minutes of trading on the Last Trading Day |
| Delivery Site |
An Approved Depository |
| Minimum Delivery Size |
1 kilogram |
|
Holiday Schedule
|
Follow HKFE holiday schedule
|
|
Trading Fee4, 6
(per contract per side)
|
USD 1.00
|
| Settlement Fee4 (per contract per side) |
USD 2.00 |
|
Levies5
(per contract per side)
|
USD 0.07
|
|
Commission Rate
|
Negotiable
|
Notes :
1. There is no trading after 12:30 p.m. on the eves of Christmas, New Year and Lunar New Year. The trading hours on those three days shall be 8:30 a.m. – 12:30 p.m.. There is no after-hours trading session if it is a bank holiday in the United Kingdom, the United States and the People’s Republic of China.
2. There shall be no trading after 12:30 p.m. on the eves of Christmas, New Year and Lunar New Year. The trading hours on those three days shall be 8:30 a.m. – 12:30 p.m..
3. All trades other than Block Trades in the expiring Contract Month that result from the matching on HKATS of (i) two orders in the individual market series; or (ii) a standard combination order and an order in the individual market series, and executed during the last thirty minutes of trading on the Last Trading Day. If there is no valid traded price during the last thirty minutes of trading on the Last Trading Day, the determination of Final Settlement Price can be found here.
4. The amount indicated above is subject to change by the Exchange from time to time.
5. The USD equivalent of HKD0.54 per contract at the exchange rate determined by the Exchange from time to time.
6. Waived until 31 December 2018 (excluding after-hours session).
