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Mar Offshore Renminbi/g quotes gold contract ("GLD/CNH") trial run period information

Offshore Renminbi/g quotes gold contract ("GLD/CNH") trial run period information

 

Grand Investment (Bullion) Limited proposed to introduce from offshore GLD/CNH quotation and trading services starting from 27^th March, 2018. Details are as follows:

               

1. Trading Time:

From Monday to Friday 7:00 a.m. – 5:00 a.m. next day.

 

2. Trading Periods: divided into two trading periods

T+0 period is form 7:00 a.m. – 5:30 p.m. ;

T+1 period is form 7:00 p.m. –5:00 a.m. next day.

3. Settlement time:

5:30 p.m. – 7:30 p.m.  is for settlement time.

 

4. Margin amount

The deposit will be charged on the following table:

	Open a margin position/ RMB	Maintenance Margin/ RMB
Each lot  ( 1000 grams)	16,000.00	12,800.00

 

5. The transaction fees will be exempted in full during the trial operation.

If you have any questions about the above arrangement, please call 39901333.

Grand Investment (Bullion) Limited

26^th March, 2018