Komoditi – Sentratama Investor Future

Gold Futures Contract

Product	Gold 1 kg with the best quality LBMA 99.9
Size Contract	1kg (1000 grams)
Kurs (Rate)	Indonesian Rupiah / gms
Delivery Month	The current month and the next 2 months, always available 3 months in a row
Trading Time	Western Indonesia Time, Every Weekday 09:30 to 17:30
Settle Price	Transactions will be settled every day at 17:45 to 18:00 Quotation will be based on settlement price on that day
Limit Order / Stop Order	Rp. 5000, – / gr above or below the settlement price 1. Limit / stop prices are valid for all months except the current month 2. Changes to the limit / stop price can be made by the Exchange without prior notice.
Minimum Price Changes	Rp. 50, – / gms (Tick Value IDR 50,000 / grams)
Bursa Berjangka Fisik (Exchange Futures for Physical – EFP)	A transaction where one party buys a cash market product and sells a futures contract while the other party sells money market products and buys a futures contract.
End of Trading Day	The current contract expires at 18:00 on the third working day before the last working day of the current month or, if on the third working day before the last working day of the current month is a holiday, the previous working day is the last trading day.
Notification Date	Working days begin with the first working day on the third working day before the last working day of the current month or, if on the third working day before the last working day of the month is a holiday, the current month starts on the next working day.
Notification of Allocation	Before trading session 1 on the first business day after the Notification Date
Date of Final Submission	Two working days after the date of notification
Gold Contract Grade	The best gold test is not less than 99.9% with serial number and registered identification from the London Bullion Market Association (LBMA)
Delivery Place	Approved place
Shipping Unit	1 kg
Reported Position	150 net lots less or less in all joint contracts
Speculative Position Limits	500 lots in each one month contract or a combination of all contract months

Contract Olein Futures

Size Contract	20 ton metric
Kurs (Rate)	Indonesian Rupiah/kg (including VAT)
Delivery Month	The current month and for 5 consecutive months, as there are always six months available.
Trading Time	Western Indonesia Time, Every Weekday 09:30 to 17:30
Settle Price	Transactions will be settled every day at 17:45 to 18:00 Quotation will be based on settlement price on that day
Limit Order / Stop Order	Rp.150 / kg top price or bottom price settlement price. Limit or stop prices will apply to all quoted months except for the current month.
Minimum Price Changes	Rp. 5, – / kg (including VAT)
Physical Futures Exchange (Exchange Futures for Physical – EFP)	A transaction where one party buys a cash market product and sells a futures contract while the other party sells money market products and buys a futures contract. EFP is allowed to be transferred with different qualities such as Crude Palm Oil (CPO), Refined Bleached and Deodorized Palm Oil (RBDPO) and Refined Bleached and Deodorized Stearin (RBD Stearin) The quantity of the commodity does not have to be the same as a futures contract but is similar to the value of the futures contract (RBD Stearin) with premium, discount or multiplied by the ratio).
End of Trading Day	The current contract expires at 18:00 on the 15th of the month or, if the 15th is a holiday then the last trading day is the next working day.
Notification Date	5 (five) working days before the 15th of the current month or, if the 15th is a holiday then the last trading day is the next working day.
Notification of Allocation	Before trading session 1 on the first business day after the Notification Date
Date of Final Submission	Two working days after the date of notification
Grade Kontrak	Grade Market Free Fatty Acids < 0,15% AOCS Method Ca 5a-40 Moisture & Impurities < 0,1% AOCS Method Ca 2b-38 AOCS Method Ca 3a-46 Iodine Value (WIJS) > 56 AOCS Method Cd 1d-92 Color Red (Lovibond 5,25Inch) < 4 Red AOCS Method Cc 13b-45 Slip Melting Point < 24 oC AOCS Method Cc 1-25 Cloud Point 10,75 oC
Delivery Place	Places approved by the Exchange located in Jakarta or Surabaya or other cities that have been approved by the Exchange
Shipping Unit	20 tons of metric / net, approximately 2%
Reported Position	150 net lots less or less in all joint contracts
Speculative Position Limits	500 lots in each one month contract or a combination of all contract months
Speculative Position Limits	500 lot dalam setiap bulan kontrak satu atau gabungan semua bulan kontrak

Revolving Gold Contract

Distinct Characteristic	Futures Contracts that at the close of trading hours, all open positions will be automatically extended to the next trading day until the position is closed.
Contract Code	KGE
Contract Size	1kg (1000 grams)
Contract Base	London’s Market Loco for Physical Gold
Kurs (Rate)	Indonesian Rupiah / gram
Trading Time	Western Indonesia Time, Every Weekday 8:30 to 17:30
Settle Price	Transactions will be settled every day at 17:45 to 18:00 Quotation will be based on settlement price on that day
Interest Calculation	Every month the Exchange will collect the Gold Forward Rate and interest of Rupiah deposits from the designated bang. Of the 7 numbers, extreme high and low will be extracted, while the other 5 will be counted and weighed. The basis points (weighted average rate minus GOFO) will be used to calculate the interest rate. Futures Clearing will add or subtract open positions based on the interest rate of the free Broker to debit or credit their customer’s account no more than 50 points per year based on the announcement of the Exchange interest rate.
Closing Price	The closing price is based on the London physical market Loco gold collected from Reuters at the end of the trading day. Prices will be converted to IDR using foreign exchange rates from Reuters. The price and exchange rate used will be calculated from the best offer and the best offer.
End of Trading Day	At the end of the day, all contracts that are still open at maturity are settle prices in cash.
Reported Position	500 lot
Position Speculation Limit	1000 lot

Rolling Index Gold Contract

Distinct Characteristic	Futures Contracts that at the close of trading hours, all open positions will be automatically extended to the next trading day until the position is closed.
Contract Code	KIE
Base contract	Index Points are calculated by the Closing Price of a Revolving Gold Contract with the price of gold from the Loco London physical market.
Contract Multiplier	Rp 10.000,- per index point
Kurs (Rate)	Rupiah/gram
Trading Time	Western Indonesia Time, Every Weekday 8:30 to 17:30
Minimum Price Fluctuations	1 (one) index point (IDR 10,000 per contract)
Settle Price	Transactions will be settled every day at 17:45 to 18:00 Quotation will be based on settlement price on that day
Interest Calculation	Every month the Exchange will collect the Gold Forward Rate and interest of Rupiah deposits from the designated bang. Of the 7 numbers, extreme high and low will be extracted, while the other 5 will be counted and weighed. The basis points (weighted average rate minus GOFO) will be used to calculate the interest rate. Futures Clearing will add or subtract open positions based on the interest rate of the free Broker to debit or credit their customer’s account no more than 50 points per year based on the announcement of the Exchange interest rate.
Closing Price	The closing price is based on the Loco London revolving gold price collected from Reuters at the end of the trading day ..
End of Trading Day	At the end of the day, all contracts that are still open at maturity are settle prices in cash.
Reported Position	500 lot
Position Speculation Limit	1000 lot

Contract KGEUSD

Distinct Characteristic	Futures Contracts that at the close of trading hours, all open positions will be automatically extended to the next trading day until the position is closed.
Contract Code	KGEUSD
Contract Base	London Loco Physical Gold Market
Contract Size	100 troy ons (3110.35 gram)
Minimum Price Fluctuations	USD 0.05 / troy ons (USD 5 per kontrak)
Trading time	Western Indonesia Time, Every Weekday: 07.00 – 01.30 (summer) 07.00 – 02.30 (winter)
Interest Calculation	Every month the Exchange will collect the Gold Forward Rate and interest of Rupiah deposits from the designated bang. Of the 7 numbers, extreme high and low will be extracted, while the other 5 will be counted and weighed. The basis points (weighted average rate minus GOFO) will be used to calculate the interest rate. Futures Clearing will add or subtract open positions based on the interest rate of the free Broker to debit or credit their customer’s account no more than 50 points per year based on the announcement of the Exchange interest rate.
Closing Price	The closing price is based on the Loco London revolving gold price collected from Reuters at the end of the opening trading day of the NYMEX session. The price and rate used will be weighted from the best offer and the best offer.
End of Trading Day	At the end of the day, all contracts that are still open at maturity are settle prices in cash.
Reported Position	500 lot
Position Speculation Limit	1000 lot