Exchange |
Hong Kong Mercantile Exchange (HKMEx) |
Type |
Metal |
Underlying |
Silver |
Currency |
USD |
Contract Size |
1000 Troy Ounces |
Tick Size |
US$0.01 |
Tick Value |
US$10 |
Pre-Open 1 |
07:30 - 08:00 |
Trading Session 1 |
08:00 - 2300 |
Pre-Open 2 |
|
Trading Session 2 |
None |
Pre-Open T+1 |
No T+1 Session |
Trading Session T+1 |
No T+1 Session |
Last Trading Day |
The third Monday of the contract month. |
Last Delivery Day |
Fourth business day after last trading day |
Final Settlement Price |
|
Settlement Type |
Physical |
Deliverable Grade |
Gold with fineness not less than 99.95% or Gold that is regarded by LBMA as good delivery |
Delivery Location |
The Warehouses Appointed by the Hong Kong Mercantile Exchange |
Contract Months |
Current calendar month; the next two consecutive calendar months; and any January, March, May, July, September, and December falling within a 12-month period beginning with the current month. |
First Trading Day |
|
Position Limit |
3,000 contracts (gross long or short); |
Initial Margin (outright) |
|
Maintenance Margin (outright) |
|
Clearinghouse Margin (outright) |
|
Listed Spread |
No |
Initial Margin (spread) |
|
Maintenance Margin (spread) |
|
Clearinghouse Margin (spread) |
|
Daily Price Limit |
None |
Options |
No |
Exchange Symbol |
HKS |
Reuters Symbol |
|
Bloomberg Symbol |
|
ISIN Symbol |
|
SEDOL |
|
Notes |
|