HARVEST INTERNATIONAL | Hicfx.com | Stock Index Specifications
51
single,single-post,postid-51,single-format-standard,qode-core-1.0,ajax_updown,page_not_loaded,,pitch-ver-1.1, vertical_menu_with_scroll,smooth_scroll,grid_1300,blog_installed,wpb-js-composer js-comp-ver-4.8.0.1,vc_responsive

Stock Index Specifications

Description Japan Stock Index Futures Hong Kong Stock Index Futures Korea Stock Index Futures
Symbol JPJ5U HKJ5U KRJ5U
Trading Hours (GMT +7)

Session 1

Session 2

 

06:45 – 13:30

14:30 – 24:00

 

08:45 – 11:30

13:30 – 15:15

 

07:00 – 13:05

Trading Month March,  June, September, December Running Month March,  June, September, December
Contract Size USD 5 USD 5 USD 5
Leverage 1:100 1:100 1:100
Initial Margin USD 10,000 USD 10,000 USD 10,000
Tick Size 5 1 0.05
Spread 5 Points 5 Points 5 Points
Commission / Lot USD 50 USD 50 USD 50
Last Day Trading Second Thursday from the running month. Second Last working day from the running month. Second Thursday from the running month.
Maximum Volume 20 Lots 20 Lots 20 Lots
Margin Requirement :

Day Trade

Over Night

Hedging Day Trade

Hedging Over Night

 

USD 500

USD 1,600

USD 100

USD 320

 

USD 500

USD 1,600

USD 100

USD 320

 

USD 500

USD 1,600

USD 100

USD 320

Minimum Pending Order 30 points from Running Price 30 points from Running Price 30 points from Running Price
Force Liquidation If Client Equity is equal or smaller than 10% Margin Requirement If Client Equity is equal or smaller than 10% Margin Requirement If Client Equity is equal or smaller than 10% Margin Requirement

 

 Stock Index Futures Equation :

Profit / Loss = (Sell Price – Buy Price) x Contract Size x No. of Lots – (Commission x No. of Lots)

Stock Index Futures case 1 :

Client buying 2 lots Hong Kong Stock Index Futures at 21,000 and at the same day close the transactions with selling 2 lots at 21,075.

P/L   = (21,075 – 21,000) x $5 x 2 – ( $50 x 2 )

= $ 650

Stock Index Futures case 2 :

Client selling 2 lots Hong Kong Stock Index Futures at 21,000 and at the same day close the transactions with buying 2 lots at 21,075.

P/L   = (21,000 – 21,075) x $5 x 2 – ( $50 x 2 )

=  – $ 850