金銀業貿易場
   
CGSE 金銀業貿易場
 
Transaction Code
Renminbi Kilobar Gold
Open Outcry Product
Electronic Trading Product
Testing Service
Assay Service
Trading Method
Transaction Levy
Trading Hours
Trading Arrangements During Typhoons and Black Rainstorm
 
 
 
     
     
     
CGSE has two trading methods: open outcry and electronic trading. ”99 Tael Gold Contract” and ”Kilo Gold Contract” are traded with the open outcry method while contracts for 100oz / 10oz Loco London Gold, 5000oz / 500oz Loco London Silver, Renminbi Kilobar Gold Contract, 100Tael 999.9 Tael Gold Contract and 15 kilo Loco Silver 1 Contract are traded electronically.


CGSE launched the “Electronic Trading Platform” on 28 March 2008.

Trading hours of the electronic trading platform start from 7:00 a.m. to 5:00 a.m. (the next day) [HK Time] and the electronic trading lasts 22 hours. 100 oz Loco London Gold Contract / 10 oz Loco London Gold Contract, 5000 oz / 500 oz Loco London Silver, Renminbi Kilobar Gold Contract, 100Tael 999.9 Tael Gold Contract and 15 kilo Loco Silver 1 Contract are available for trading via the e-trading platform at this stage.

CGSE provides a unique “Contract Transaction Code” to every contract traded on its e-trading platform. Investor can check their transaction details from CGSE‘s website with the use of the “Contract Transaction Code” , thereby protecting the investors’ interests with enhanced transparency in gold
 
100 Ounce Loco London Gold Contract
Traded with the electronic trading system
Trading Hour:
Monday to Thursday: (Hong Kong Time) 7:00am to next day 5:00am
Friday (Summer Time): (Hong Kong Time) 7:00am to next day 3:00am
Friday (Winter Time): (Hong Kong Time) 7:00am to next day 4:00am
Fineness: 995 or up
Basic Trading Unit: 100ounces
Price unit: US/Ounces
Minimum Price Fluctuation: USD0.01/ounces
 
10 Ounces Loco London Gold Contract
Fineness: 995 or up
Basic Trading Unit: 10ounces
Price unit: US/Ounces
Minimum Price Fluctuation: USD0.01/ounces
 
5000 Ounce Loco London Silver Contract
Fineness: 9999 or up
Basic Trading Unit: 5000 ounces
Price unit: US/Ounces
Minimum Price Fluctuation: USD0.0001 per ounce
 
500 Ounce Loco London Silver Contract
Fineness: 9999 or up
Basic Trading Unit: 500 ounces
Price unit: US/Ounces
Minimum Price Fluctuation: USD0.0001 per ounce
 
Renminbi Kilobar Gold Contract
Fineness: 9999 or up
Basic Trading Unit: 1 KG or 1000 Gram
Price unit: RMB/Gram
Minimum Price Fluctuation: RMB0.01 per gram
 
999.9 Tael Gold Contract
Fineness: 9999 or up
Basic Trading Unit: 100 Tael
Price unit: HKD/Tael
Minimum Price Fluctuation: HKD1 per tael
 
Loco Silver 1 Contract
Fineness: 9999 or up
Basic Trading Unit: 15 Kilo
Price unit: HKD/Kilo
Minimum Price Fluctuation: HKD1 per kilo
 
Conversion Table
Please refer to the following for the conversion of different units:

For instance:
Ounces troy to ounces avoirdupois x 1.0971428
Ounces troy to taels x 0.831
Kilograms to ounces troy x 32.1507465
Grammes to ounces troy x 0.0321507465
 
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