Gold and silver terms

[Gold extension] is a unique trading product introduced by the Shanghai Gold Exchange. It is bought and sold by installments. Investors only need to pay a deposit, and they can “pre-buy” or “pre-sell” the gold spot. At the same time, investors can choose to deliver the contract on the same day, and they can also choose a certain settlement time.

【Opening Price】 The price formed by the collective bidding of a certain contract for each trading day.

[Close price] The last transaction price of a certain contract that closes on each trading day.

【Available funds】You can draw out the reflected funds. (If there is no operation on the current trading day, the available funds = funds can be withdrawn; if the customer orders and withdraws the order on the current trading day, due to the security deposit is frozen, it can raise funds <available funds, difference = margin + handling fee, on that day. After the liquidation of the Gold Exchange is completed, the available funds = available for withdrawal)

[Buy, Sell Margin] The amount of margin currently occupied by the contract. Total Margin = Buy Margin + Sell Margin [Balance of the previous day] The balance on the trading account after settlement on the previous trading day.

[Today's profit and loss] The profit and loss of the customer from the previous trading day to the settlement of the gold exchange today. Includes the following two parts:

I. “Closed-out profit and loss” The realized profit and loss calculated based on the initial transaction price of the contract and the closing transaction price. Divided into the following two types:

Positioning profit and loss = flat historical warehouse profit and loss + flat daily warehouse profit and loss 1, the profit and loss (flat historical warehouse profit and loss) of the open positions of contracts opened on the previous trading day

Flat historical warehouse profit and loss = Σ[(sold closing price - previous trading day settlement price) × sold closing amount] + Σ [(previous trading day settlement price - buy closing price) × buy closing amount ]

2. The profit and loss generated by closing the position on the day of opening the position

On the same day, the warehouse profit and loss = Σ ( [(sales closing price of the day - buy the opening price of the day) × sell the amount of liquidation] + Σ [(sale opening price of the day - buy the closing price of the day) × buy flat Position]

2. Profits and losses arising from the end of the contract until the end of the day's trading are known as gains and losses. Divided into the following two types:

Position gains and losses = history positions gains and losses + opening positions on the day positions gains and losses 1. Contracts opened on the previous trading day are held until the historical position gains and losses (historical position gains and losses) generated at the end of the day's trading.

Historical position gains and losses = (the same day settlement price - the previous day settlement price) × open interest 2, the opening of the day has been held until the day of the end of the day when the transaction closes, the profit and loss of the opening day (the day of the holding profit and loss)

Open positions on the day of profit and loss = Σ ( [(sale opening price - the day settlement price) × opening the opening amount ] + Σ ( [(day settlement price - buy opening price) × buy opening position amount]

Day's profit and loss on the same day = closing profit and loss + profit and loss on the same day of the position's profit and loss = Σ[(settling price of the day-buying volume) × buying amount] + Σ [(sold selling price-the same day settlement price) × selling amount] + ( Settlement price of the previous day - Settlement price of the previous trading day × Purchase position of the previous trading day + (Settlement price of the previous day - Settlement price of the day) × Sell position of the previous trading day [Floating gains and losses] Also known as profit and loss of the position , refers to the potential profit or loss based on the initial trading price of the contract and the settlement price of the day, which is the unrealized profit or loss.

[Buy Open Average Price] The price of the open contract is the same, and the contract price is the average price of the open position. The open price is different, the average price of each open contract.

The average price of buying positions has no effect on your absolute profit or loss. The average price of positions is the settlement price of the previous trading day. If you have new positions in the day trading, the average price of positions is the previous day. The average value of the open price and the new opening price.

[NEXT BALANCE] The fund balance of the trading account after liquidation is completed on the previous trading day.

[Today's Balance] The fund balance of the trading account after the settlement of the gold exchange today.

The "highest price" refers to the highest price among the prices that were traded on that day.

[Lowest price] refers to the lowest price among the prices that were traded on that day.

【Settlement Price】The price calculated on the basis of the weighted average of the volume of the transaction price of a certain type of contract on the same day. It is the price reflecting the profit and loss on the same day of the margin account.

[Day weighted average price] refers to the average total price of a trading day divided by the average price of the daily trading volume.

The [contract unit] is a unit that is commonly used internationally to calculate volume. Must be a multiple of the minimum contract to process the transaction. The current unit of gold trading on the Shanghai Gold Exchange is the "hand."

[Volume] reflects the number of transactions. The unit is the sum of the bilateral sales calculated by hand.

[Price] Outperformed units. The price level differs depending on the contract.

【Changes】Compare the daily closing price with the settlement price of the previous day to reflect whether the contract price is up or down.

[Stopping] The period specified by the exchange shall not exceed the limit of the maximum price of the previous day's settlement price within one trading day (up or down) within one trading day to limit speculation and manipulation of market prices. Currently Shanghai Exchange is 7%

[Open] The trader newly buys or sells a certain number of standard contracts.

[Close] A process in which a trader hedges a previously held contract by trading in equal numbers and in opposite directions.

[Buy Open]: Refers to the trading method that investors use for bullish future price trends. Buying and holding a bullish contract means that account funds are frozen when buying a contract.

[Sell Out]: Refers to the means of trading that investors are not optimistic about the future price trend, and sells the previously purchased bullish contract, and the investor's capital account is thawed.

[Sell Opening]: Refers to the trading method adopted by investors to bearish on future price trends and sells bearish contracts. Sell ​​open, account funds frozen.

[Buy]: It means that the investor will hold the sell contract no longer bearish on the future market and make up for the previous sell contract, with the original sell contract hedging to offset the withdrawal of the market, the account funds thawed.

[Position] Position is the process by which the trader holds the contract. Also known as "Open Position" refers to a contract that has not been closed after the opening of the position.

[Position] The number of open positions held by the trader.

[Long position] The position held after buying the contract is called "long" for long position. Said that the future to pay the full amount of money, get gold in kind.

Short Positions Short positions held after selling a contract are called short positions. Show that in the future we must pay for gold in kind and receive funds.

[Deal] The process by which a trader closes a contract he holds through physical delivery is called delivery.

[Jumping] The market was stimulated by strong "buy" or "bad" news. The price began to jump sharply. When it rose, the opening or the lowest price of the day was higher than the closing price of the previous day. The opening price or the highest price is lower than the closing price of the previous day.

[Reverse] refers to the phenomenon of temporarily falling back due to rising speed during the price increase.

The bull market, also known as the bull market, is the market where prices generally rise.

The “short market” also refers to the market where the “bear market” price shows a long-term downward trend, and the change in the price of the “short market” is a sharp drop.

[Bad] The factors and news that helped the price fall bearish to the bears.

Lido is a factor and news that stimulates price increases for bulls.

[hedging] refers to the transaction method that achieves the purpose of maintaining the value of its spot through the opposite transaction in the spot market and the ** market at the same time. The delayed trading of gold can also achieve the purpose of hedging.

[Support]: The price is in a downward trend for a certain period of time, falling to a certain price range and the stop price is called the support level.

[resistance level]: The price shows a rising trend in a certain period of time, and the price that rises to a certain price range and stops rising is called a resistance level.

The upper limit of the number of authorized orders in other formulas = tradable funds / [(margin ratio + commission rate) × commission price × 1000]

Fees Freeze = Unhandled Lots × Entrusted Price × 1000 × Service Fees Margin Freeze = No-handled Lots × Entrusted Price × 1000 × Margin Ratio Divided into (Buy Margin and Sell Margin)

Frozen funds = "declared, departmentalized" orders (procedures frozen + buy-margin freeze + sales margin freeze)

Frozen funds = price × quantity × 1000 × (margin ratio + commission rate)

Position Margin = Margin Buy Margin + Margin Margin tradable fund = previous day balance + deposit - withdraw - commission + open balance + floating profit and loss + deferred fee - position margin - frozen funds withdrawable funds = tradable funds -成交 Closing of traded orders on the same day × Transaction price risk rate = Position margin / (Position margin + Available funds + Fundamental margin) × 100%

Daily Balance = Last Day Balance + Deposit - Withdrawals - Fees + Day Profit and Loss + Deferred Charges Multiply: Deferred Fee = (Buy-amount - Selling) × Settlement Price of the Day × 1000 × Deferred Compensation Rate × Days (Weekly postponed)

Overpaid: Deferred fees = (sales-buy) × settlement price of the day × 1000 × deferred compensation rate × number of days (holidays postponed)

Flush Pull

Flush Door Handles,Flush Pull Handle,Flush Door Pull,Recessed Drawer Pull

Foshan Nanhai Xin Jianwei Hardware Factory , https://www.aag-hardware.com