Trading Specification

A. Major Currency Contracts

Contract Contract Size
Euro (EUR) € 125,000
Japanese Yen (JPY) ￥ 12,500,000
British Pound (GBP)/td> ￡ 62,500
Swiss Franc (CHF) SFranc 125,000
Australia Dollar (AUD) A$ 100,000
New Zealand Dollar (NZD) NZ$ 100,000
Canadian Dollar (CAD) C$ 100,000
USD/CNH RMB 800,000

 

B. Cross Currency Contracts

Contract Contract Size
EUR / JPY € 125,000
EUR / GBP € 125,000
EUR / CHF € 125,000
GBP / JPY ￡ 62,500
GBP / CHF ￡ 62,500
AUD / JPY A$ 100,000
NZD / JPY NZ$ 100,000
CAD / JPY C$ 100,000

 

Trading Hours
(Hong Kong time)		 24-hours trading
Summer Time: Monday 07:00 to Saturday 03:00
Winter Time: Monday 07:00 to Saturday 04:00

Profit and Loss Calculation

(Selling Price – Buying Price) x Contract Size x No. of Contracts +/- Interest – Negotiable Commission Fees

Example：
The first day, customer sold 3 contracts of Euro at US$ 1.44
The next day, customer bought 3 contracts of Euro at US$ 1.43 in order to close/settle the open position.
Assuming short positions in charge investors an annual interest rate 2% and the closing price of this contract is 1.44 USD.

Profit: (1.44 – 1.43) x 3 x 125,000 = 3,750 U.S. Dollars
Interest: 125,000 x 3 x 1.44 x 2% x 1 day / 360 days = 30 U.S. Dollars
Total Profit = Profit + Interest = 3,780 U.S. Dollars

The profit and loss of each forex contract will be firstly calculated in USD on settlement day. After deducting specific commission, it will be settled in the client's account.