壹贰博娱乐城代理开户:FAQ - Forex and Bullion Trading
娱乐城做什么的 www.avylby.com.cn Leveraged Foreign Exchange Trading allows you to hold a position much larger than your account balance and conduct your foreign exchange investment with a minimum outlay. Only 5% of the open contract value is required as initial margin. By using the initial margin deposit, you can trade up to 20 times of your margin deposit. You can purchase or sell one currency for another with the hope of making a profit when the value of the currencies changes in favor of your position, whether from market news or events that take place in the world. Foreign Exchange market is open 24-hours a day, allowing you to exit or open a new position any time.
During New York Summer Time: Monday 07:00 - Saturday 03:00 (HK Time)
During New York Winter Time: Monday 07:00 - Saturday 04:00 (HK Time)
During New York Summer Time: Daily at 03:00 - 05:00 (HK Time)
During New York Winter Time: Daily at 04:00 - 06:00 (HK Time)
Online leveraged forex trading will be suspended during day-end
process. Please contact 24-Hour FX and Bullion Express Trading Hotline:
(852)2213-8978 for assistances when needed.
Available Balance is the amount available for trading. It is calculated as below:
For further information, please refer to daily/monthly statement(s) or contact your Account Executive.
When client's equity is less than maintenance margin, i.e. 3% of contract value of his open position, he will be requested to deposit the margin deficit to cover the initial margin (5%) immediately.
Effective from 19 Apr 2010, lock/opposite position function for Leveraged Forex products will not be available for all channels. For offline lock/opposite instruction(s), dealing room will execute those order(s) as close order(s) and the older position(s) will be squared off accordingly (i.e. first in first out). Any extra opposite position(s) executed on top of the squared position(s) will be executed as new order with full margin counted.
Please kindly contact your Account Executive or 24-Hour FX and Bullion Express Trading Hotline: (852)2213-8978 for handling your order first. For technical problems, you may contact our customer service at (852) 3583 3388.
Yes. The price displayed on the top of the trading platform is indicative only. If you wish to trade a currency with a market order with quantity less than 10, you can directly take reference from the"Quote Table". If you want to place an order with quantity more than 10 lots, please break up the order and trade with 10 lots each. Dealer will then response you an executable price. System settings are subject to without prior notice.
Yes. Apart from market order, limitation on the order price will be applied for other order type.
For example, market price of EUR/USD is 1.5000/1.5005. If we want to place a limit sell order, the order price has to be within 1.5020 (1.5000 plus minimum difference of 20 pips) and 1.5500 (1.5000 plus maximum difference of 500 pips).
If we want to place a If then sell order, the price of the first"If" order is the same as above, which is within 1.5020 and 1.5200. Supposedly we set the order price to be 1.5100, the reference of minimum and maximum difference the second"then" order is taken from the first"If" order, which is within 1.5120 (1.5100 plus minimum difference of 20 pips) and 1.5600 (1.5100 plus maximum difference of 500 pips).
Yes. Generally, limitation on quantity of a single conditional order is 10 lots, and you can have at most 100 outstanding conditional orders. If you want to place a conditional order which exceeds the quantity limitations, please contact your account executive to place the order, or to change the limitations. System settings are subject to change without prior notice.
If an order is rejected by the system, the order status will be "Rejected" If an order is rejected before sending to the market, the rejected reason will not appear in the order status but in the message centre at the bottom. The rejected reason includes but not limited to input error and rules violation. Please be noted that the message centre will be cleared after re-login, refresh, or switching language.
If the required trading amount exceeds the "Available Balance" or "Exposure Limit", your instruction will be rejected even if the order price is reached. If you would like to increase your exposure limit, please kindly contact your Account Executive.
The stop/limit orders will be cancelled automatically if, you have insufficient fund/exposure limit; or you have closed the position with a market order.
The order status may keep as "Sending" if you have a slow-speed bandwidth or; improper logout procedure or; the system is not functioning. It is suggested to logout the system properly (Online Leveraged Forex Trading: by pressing the "Logout" button at the right-hand corner). If you encounter this problem, please contact your account executive for order status enquiry in order to avoid any dispute and consequential loss.
Yes. To prevent clients from disclosing to exorbitant investment risk, there is an exposure limit for every account. Generally, the exposure limit for online leveraged forex trading is HKD300, 000. If you would like to increase your exposure limit, please kindly contact your Account Executive.
Please kindly contact your Account Executive for increasing the account exposure limit.
In the event that funds in the account fall below 1.5% of the contract value of his position, Haitong International Securities will have the sole right to liquidate the client's position without prior notice to cover the deficit. Please kindly pay attention to the account status and always maintain the account balance to 3% maintenance margin level.
If you have placed orders through your Account Executives or 24-hour Investment Centre by phone, the executed trades or orders may not be able to reflect at your online leveraged forex trading account during the whole trading day. In this situation, clients should not rely on the information displayed on online leveraged forex trading platform to proceed your trading. For order placing and status enquiry, please directly contact your Account Executive or 24-hour Investment Centre for assistance.
On day 1, customer buys EUR 125,000 against USD at 1.3500, and closing price in the day is 1.3550
On day 2, customer sells EUR 125,000 against USD at 1.3600 to close the position
The profit gained on exchange rate is:
(1.3600 - 1.3500) x 125,000 = USD 1,250
Suppose the interest rate of holding EUR is -1.25%, and the interest rate for borrowing USD is -1.75%, then the difference is -3%.
As the client close the position 1 day after the opening, the interest to be paid is as follows:
EUR125,000 x 1.3550 x -1.25% / 360 (day) x 1 (day) = USD 5.88
The total profit from the transaction is:
USD1,250 - USD5.88 = USD1,244.12
As the profit or loss will be settled by HKD, and assume the spot rate of USD/HKD is 7.7581, the total profit in HKD is HKD 9588.55 (USD1235.94 x 7.7581). This amount will be settled in day T+2.
Customer sells and buys 250,000 EUR/JPY cross currency contracts on the same day.
Selling price: EUR/JPY 123.00
Buying price: EUR/JPY 122.00
USD /JPY: 90
The profit gained is:
(123 - 122) x 250,000 / 90 = USD2,777.78.
As the open and close positions happened on the same day, there is no interest incurred.
Assume the spot rate of USD/HKD is 7.7581, the total profit in HKD is HKD21550.30 (USD2777.78 x 7.7581). This amount will be settled in day T+2.
The"Day High" price shown in the trading platform is indeed the highest BID price on that day, so the execution price of the Buy Stop Order should refer to the highest BID price plus the stated spread.
The"Day Low" price shown in the trading platform is indeed the lowest ASK price on that day, so the execution price of the Sell Stop Order should refer to the lowest ASK price minus the stated spread.
During a steady and continuous market, your market order will usually be filled at the price you place the order.
However, in certain circumstances, including but not limited to low market liquidity/ release of important figures or news/ announcement of significant economic or political events which trigger sudden and significant exchange rate volatility, there may be price slippage (fill price may be different from the price you place the order), or the order may be partially filled or even be rejected. You should not assume that your market order will always be executed and filled.
During a steady and continuous market, your stop loss order will usually be executed at the stipulated price if the market price moves towards and eventually hits or passes your stop order price.
However, in certain circumstances, including but not limited to low market liquidity/ release of important figures or news/ announcement of significant economic or political events which trigger sudden and significant exchange rate volatility, price gaps may arise, in which case your stop loss order may not be executed at the price you set since the next available price may go beyond your stop order trigger price. Your order may instead be partially filled or even be rejected. Also, a price gap is most likely to arise when the market resumes trading after a halt, in particular if the price is largely different from the previous market closing price. If that is the case, your stop loss order may be triggered and filled at the current market price instead of the stop order price you set, or the order may be partially filled or even be rejected.
Although a stop loss order may reasonably protect you from incurring substantial loss should currency movements go against your open position, you should not assume that your stop loss order will always be executed at the stipulated price. There are times when your order may be partially filled or even be rejected.
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