OTC INDEX FUTURES
The Calculation of OTC Index Futures
How to calculate Profit and Loss on OTC Stock Index Futures | |
Gross Profit / Loss | = (Sell – Buy) x Lot x Value per point |
Net Profit / Loss | = Gross Profit – Commission or |
= Gross Loss + Commission |
GENERAL TRADING FACTS SHEET
OTC Nikkei & OTC Hang Seng General Trading Facts Sheet +OTC KOSPI
(Non Delivery & Deferred Settlement Basis)
OTC NIKKEI | KOSPI | OTC Hang Seng | |
Initial Margin | USD 10,000.00 | USD 10,000.00 | USD 10,000.00 |
Necessary Margin Per lot | USD 1,000.00 | USD 1,500.00 | USD 1,500.00 |
Value Per Point | Rp.30.000 | Rp.35.000 | Rp.50.000 |
Marketing Commission Per lot (One Way) | 4 pip | 4 pip | 3 pip |
Dealing Spread | 10 points | 10 points | 10 points |
Direct Quote Maximum | 50 lots | 50 lots | 25 lots |
Day Trading Range (Opening Position Price) | — | — | Up/Down 600 points (Liquidation Automatically) |
Overnight Trading Range (Previous Closing Price) | — | — | Up/Down 600 points (Liquidation Automatically) |
Market Order/DQ Trading Limit | Up/Down 7.5%,12.5% (Temporary be suspended) | Up/Down 10% (Temporary be suspended) | — |
Contract Months | Every 3 Months | Every 3 Months | Every Month |
Trading Months | H = March M = June U = September Z = December | H = March M = June U = September Z = December | |
First Trading Day | First week of every Thursday on last month of previous contract | First week of every Thursday on last month of previous contract | Every dated 25th on the month of previous contract. |
Last Trading Day | Second week of every Thursday on the last month of the contract. | Second week of every Thursday on the last month of the contract. | Second day of daily business of the month. |
Margin Call Level | When equity divided by necessary margin is 70% or below | When equity divided by necessary margin is 70% or below | When equity divided by necessary margin is 70% or below |
Stop Loss Level | When equity divided by necessary margin is 20% or below | When equity divided by necessary margin is 20% or below | When equity divided by necessary margin is 20% or below |
Disclaimer
“The decision to make a transaction is entirely the customer’s responsibility. Investment in futures trading is not suitable for everyone. Prospective customers must learn about Futures Trading and must understand the contents of the Risk Notification Document “