Symbol GOLDID
Description GOLDID
QUALITY SPECIFICATION
Deliverable Grades 0.9999 purity
TRADING
Contract Size  10 Troy Oz. 10 Troy Oz
Tick Size* US $ 0.10 per Troy Oz (US $1.00 per lot)
Trading Month Current Month
Trading Days Monday-Friday
Trading Hours 07:00 AM ‐ 04:30AM (03:30 AM during daylight saving time)
Daily Settlement Based on Loco London Spot Market price at the closing time
Financing Debits and Credits Open positions are subject to Financing Debits and Credits at the

end of each day:

Long Position (Debit): Contract Value x FR x 1/360 x Day Count

Short Position (Credit): Contract Value x (FR  ‐ 50bp) x 1/360 x Day

Count

Note:

1. Contract Value is based on the daily settlement price

2.  Financing Rate (FR) equals to London Interbank Offered Rate 1

Month less LBMA’s Gold Forward Offered Rate 1 Month

Positions to be Reported 1,500 lots
Positions Limit 3,000 lots
MARGINS
Initial Margin* 2% Subject to Change
Extra Margin* In  case  of  additional  volatility,  a  special  margin  of  such  other percentage,  as  deemed  fit  by  the  Exchange,  will  be  imposed immediately in respect of all outstanding positions
SETTLEMENT RELATED INFORMATION
Quality Specifications 9999 purity
Settlement Method Deferred Physical, Cash Settled