Forex Contract Specifications | ||
Products | Contract Size | Minimum Price Movement |
EUR | EUR 62,500 | EUR 0.0001 |
GBP | GBP 62,500 | GBP 0.0001 |
JPY | JPY 12,500,000 | JPY 0.01 |
CHF | CHF 125,000 | CHF 0.0001 |
AUD | AUD 100,000 | AUD 0.0001 |
NZD | NZD 100,000 | NZD 0.0001 |
CAD | CAD 100,000 | CAD 0.0001 |
CNH | CNH 700,000 | CNH 0.0001 |
EUR/JPY | EUR 62,500 | JPY 0.01 |
EUR/CHF | EUR 62,500 | CHF 0.0001 |
EUR/GBP | EUR 62,500 | GBP 0.0001 |
GBP/JPY | GBP 62,500 | JPY 0.01 |
CHF/JPY | CHF 125,000 | JPY 0.01 |
AUD/JPY | AUD 100,000 | JPY 0.01 |
Minimum Initial Margin Maintenance Margin |
5% of contract amount 3% of contract amount |
|
Brokerage Commission | Negotiable | |
Returned Cheque | HK$100 per case | |
Extra daily/Monthly Statement | HK$50 per case Free of charge for the last three months |
|
Chats Payment | HK$210 per case | |
Note | The amount of required initial margin is subject to adjustments according to market conditions |
Profit/Loss Calcularion (For Reference Only)
A. Calculation for direct-quoted currency (like GBP, AUD, NZD, EUR) | |
Profit/Loss = (Selling price – Buying price) x Contract size x 7.8* x No. of contract | |
Illustration : Customer expects a stronger GBP, long 1 lot of GBP and squared the position on the same day | |
Selling price : 1.6100 | Buying price : 1.6060 |
Contract size : GBP62,500 | No. of contract : 1 |
Profit/Loss calculation : (1.6100 -1.6060) x 62,500 x 7.8* x 1 = HK$1,950 (Profit) |
B. Calculation for indirect-quoted currency (like CHF, JPY, CAD, CNH) | |
Illustration : Customer expects a weaker JPY, short 1 lot of JPY, squared the position on the same day | |
Selling price : 115.00 | Buying price : 115.80 |
Contract size : JPY12,500,000 | No. of contract : 1 |