Contract
Months
|
3 nearest even month : Febuary, April, June, August, October ,December |
Speculative
Position limit
|
Exchange may announce the position limit as it deems appropriate. |
Final Trading
Day
|
The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Final Trading Day is 16.30 hrs. |
Final Settlement
Price
|
The Final Settlement
Price shall be calculated on
- the basis of the London Gold A.M. Fixing price announced
by London Gold Market Fixing Limited on the last trading
day and the foreign exchange rate for Baht to US dollars
announced by TFEX on the last trading day, after conversion
for weight and fineness.
- The formula for its calculation is as follows:
= London Gold AM Fixing x (15.244/31.1035)
x (0.965/0.995) x (THB/USD)
Note:
- 1 troy ounce = 31.1035 grams
- 1 Thai gold Baht = 15.244 grams
- London Gold AM Fixing is based on 0.995 gold
- The underlying of gold futures contract is 0.965 gold
|
