PLOTIO GLOBAL
Finance
Commodities are highly diverse for global investment with large trading volumes. Plotio Global provides real-time data quotes that are synchronized with commodity markets, empowering you to make informed investment decisions.
*Trading is risky, please consider carefully.
Trading Specifications Of Commodities |
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Contract Size / Lot | 10 tons |
Spreads | Floating spread (Spread will change at any time in response to market conditions or emergencies.) |
Type of Execution | *Market execution |
Automatic Quotation / Max. Order Size | 10 lots |
Limit and Stop Loss Order | Min. tick size: Only accept more than US$50 from the market price |
Pending Order Validation | Good till cancel (GTC) |
*Basic Margin/Lot | US$2,000/lot |
*Maintenance Margin | Lower than 30% (The market is closed early on international holidays and the market is closed during holidays, the margin must be maintained at US$4,000.) |
Locked Position / Set | US$500/set |
Interest Rates | Long position: US$0 a day per lot Short position: - US$90 a day per lot |
Margin Call | The margin may change with the market. When the account balance is less than the maintenance margin, the client will be required to replenish the deposit to the basic margin level. |
Trading Hours Of Commodities |
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Trading Hour (Beijing Time) | Daylight saving time: Monday at 4:46pm to Saturday at 1:29am Wintertime: Monday at 5:46pm to Saturday at 2:29am |
Suspension Of Trading Hour (Beijing Time) | Daylight saving time: Session: 1:29am to 4:46pm (Tuesday to Friday) Wintertime: Session: 2:29am to 5:46pm (Tuesday to Friday) |
Forced Liquidation | During the company's trading period, if the client's equity/margin ratio is lower than 30% due to price fluctuations, the immediate market price liquidation will be triggered, and the position with the most losses will be liquidated first. |
Margin Ratio of Closing Market on Friday / International Holiday | Given the greater market risk during weekends and international holidays, the maintenance margin for holding positions overnight on weekends and international holidays will be increased from 30% to US$4,000 per lot. Within 10 minutes before the market is closed for each traded commodity, if the margin ratio in the client's account is less than US$4,000, the company has the right to force the client to close the position until the maintenance margin is higher than US$4,000. If the client's transaction order needs to be held over weekends and holidays, you need to deposit more money in your trading account, to ensure that there is sufficient margin to keep existing positions open. |
Reminder: Trading carries risks, ensures transaction autonomy, keeps account numbers and passwords properly. More