Symbol GOLDUD
Description GOLDUD
QUALITY SPECIFICATION
Deliverable Grades 0.9999 purity 
TRADING
Contract Size 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