Product Introduction
Product Advantages
Crude oil investment refers to the use of fluctuations in the price of crude oil on the international market to buy and sell to earn the difference, and is an internationally important investment project like the currency pair and precious metals. Crude oil, also known as petroleum, is also known as black gold. It is mainly classified into US crude oil (WTI crude oil) and British crude oil (Brent crude oil). The two crude oils are characterized by "low viscosity" and "low sulfur".
Due to the global economic development and increasing energy demand, crude oil has long been regarded as the king of commodities and is recognized as the most traded commodity in the world. Looking back at history, several major fluctuations in crude oil prices have been very large, and they have created a my-time profit myth. It has become a hot investment in the international market in recent years.
Strong trading flexibility
irreplaceable hedging function
24H T+0 trading
Large profit opportunities
Transparent trading
Transaction is transparent and unmanned
T+0 trading mode
T+0 trading mode, improves capital utilization
Market Trend
Energy Contract Details
| variety | Transaction code | Average Spreads |
Adopt spreads |
overnight interest (annual interest rate) |
Contract value /Standard Hands | Transaction time (Beijing time: GMT+8) |
Margin | |
|---|---|---|---|---|---|---|---|---|
| Buy/hand | Sell/hand | |||||||
| US crude oil | WTI | 0.05 | 0.05 | -10USD | -10USD | 1000 barrels |
summer time: Daily system settlement time: |
Maintain margin 0.5% |
|
3 days interest on Wednesday |
||||||||
| Natural Gas | XNGUSD | / | Floating spread | Trading platform to actually show interest prevail | 10,000 million British thermal units | summer time: Daily system settlement time: |
Maintain a margin of 0.5% over the market margin 1% |
|
JoJo Note:
1. This contract will be officially executed on September 11, 2017;
2. The minimum transaction volume of all products is 0.05 lots;
3. spreads and warehouses will change with the market, the company will not be notified;
4. After all products are closed on weekends and holidays, all pending orders (including stop loss and take profit) will be cancelled;
5. When the margin is less than 30%, the company will enforce the forced liquidation. The company reserves the right to adjust the margin ratio according to market fluctuations;
Lock margin calculation method: Lock margin = (Sell order pay margin margin +) x10%;
unlock: unidirectional original deposit to be filled.
