Gold Futures Contract Specifications
SYMBOL GOLDGR
DESCRIPTION GOLDGR MMYY
QUALITY SPECIFICATIONS
Deliverable Grades
9999 purity
Gold delivered must bear a serial number and identifying stamp of a refiner approved and listed by the Exchange. Delivery must be made from a depository licensed by the Exchange.
TRADING
Contract Size 100 gr (1 Lot)
Tick Size Rp. 100 per gram (Rp. 10,000 per Lot) Trading Months Twelve consecutive months
Trading Period Monday - Friday
Trading Hours 07:00AM – 04:30AM Jakarta Time (03.30AM in Daylight Saving Time)
Last Trading Day 04:30 AM on the Last Business Day of the Contract Month Daily Price Limit 3%
MARGINS
Initial Margin 4% (subject to change)
Spot Margin 30%
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
DELIVERY RELATED INFORMATION
Minimum Deliverable Size 1 lot (100 gr)
Quality Specifications
9999 Purity
Gold delivered must bear a serial number and identifying stamp of a refiner approved and listed by the Exchange. Delivery must be made from a depository licensed by the Exchange.
Point of Delivery PT. Antam Tbk, UBPP Logam Mulia