Daily Rolling Loco London Gold is derivative contracts traded in the ATS mechanism in JFX with price reference refers to the spot price traded outside the exchange, known as Over-The-Counter (OTC), in New York.

 

CONTRACT SPECIFICATIONS
Items 
Remarks
Trade Code
XUL10
XULF
Rate
Fixed (USD 1 = IDR 10,000)
Floating (USD)
Trade Size
100 Troy Ounce
100 Troy Ounce
Trading Hours
Monday - Friday
Monday - Friday
  Summer : 06:00 – 03:30 WIB Summer : 06:00 – 03:30 WIB
 
Winter : 06:00 – 04:30 WIB
Winter : 06:00 – 04:30 WIB
.
Margin forDay Trade
IDR 10,000,000 / lot
USD 1,000 / lot
Margin for Overnight
IDR 20,000,000 / lot
USD 2,000 / lot
Facility Fee
IDR 150,000 / lot / side
USD 15 / lot / side
Rollover Fee for Buy / Sell
IDR 50,000 / lot / night
USD 5 / lot / night
Value Added Tax
10% from Commission
10% from Commission
Maintenance Margin
70% of Margin Required
70% of Margin Required
Auto Liquidation 30% of Margin Required 30% of Margin Required
.
Price Source
Winquote / Telequote
Winquote / Telequote
Price Guidance
Last Trade
Last Trade
Normal Price Spread Quote
USD 0.40 /Troy Ounce/Side
USD 0.40 /Troy Ounce/Side
Minimum Price Movement
USD 0.01 / troy ounce
USD 0.01 / troy ounce
Delivery By
Cash Settlement
Cash Settlement
 
   
 
 
 
Note:
* Effective: june 01, 2015