Trading Rule

eTrader

Trading Hours

 

Winter Time

                                                                                        
BullionNZTMonday 12:05 AM - Saturday 10:55 AM
AUTMonday 10:05 AM - Saturday 08:55 AM
BJTMonday 07:05 AM - Saturday 05:55 AM
JPTMonday 08:05 AM - Saturday 06:55 AM

Bullion Settlement time and System maintenance time is NZT 10:58-12:05 AM and BJT 05:58-07:05 AM and AUT 08:58-10:05 AM and JPT 06:58-08:05 AM everyday
# During the settlement and System maintenance will be suspended any trading, including order execution

 

Summer Time

                                                                                        
BullionNZTMonday 10:05 AM - Saturday 08:55 AM
AUTMonday 08:05 AM - Saturday 06:55 AM
BJTMonday 06:05 AM - Saturday 04:55 AM
JPTMonday 07:05 AM - Saturday 05:55 AM

Bullion Settlement time and System maintenance time is NZT 08:58-10:05 AM and BJT 04:58-06:05 AM and AUT 06:58-08:05 AM and JPT 05:58-07:05 AM everyday
# During the settlement and System maintenance will be suspended any trading, including order execution

 

The above schedule is only for reference, HNZ will adjust the trading service hours due to different market holidays. If you need the most update information, please contact Customer Service Department.

 

 

JAVA Trading Rules-Bullion

 

                                                                                                                                               
CONTRACTLOCAL LONDON GOLDLOCAL LONDON SILVER
CONTRACT MULTIPLIER100 Troy Ounces2500 Troy Ounces
MINIMUM PRICE FLUCTUATIONUS$0.05 per Troy OunceUS$0.005 per Troy Ounce
SPREAD
(Normal)
0.50.04
INITIAL MARGINInitial : 1% of Open position value Forced
Liquidation Level: 20% of Initial Margin
Initial : 1% of Open position value
Forced Liquidation Level (During Weekdays):
20% of Initial Margin
Margin for locking positionLocking position : 30% of Initial Margin
Unlocking position: Equity must be higher than 20% of Initial Margin
Forced Liquidation Level: 6% of Initial Margin
LIMIT/STOP ORDEROrder can be placed at least US$1.00 away from the current market price#Order can be placed at least US$0.20 away from the current market price#
New trading interval time At least 3 seconds
Opening and closing interval At least 3 seconds
Order Execution Principles Order prices will executed at actual market prices
The Freeze level is set to 0.2 usd for each order# The Freeze level is set to 0.05 usd for each order#

#The Calculation of the Initial Margin is different between the JAVA and MT4; If you have any inquiry, please feel free to contact us#