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Dear Skyeastfx Customer
We are proud to announce the launching of Tokyo Stock Exchange (TSE) and Hong Kong Stock Exchange (HKEX) CFD for all index-account clients.
The following HKEX stocks will be able to be traded by means of CFD starting on Monday 18 January 2010:
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ICB
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PEC
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HKB
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CHT
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BCL
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CLI
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CCB
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CPC
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BCM
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CPA
Contract size: 10000
Time of trade:
05:05-11:00 (system time)
Margin requirement:
OPEN 1 LOT
MR = (stock price * 10000 * lot * 10%) : Mid Price USDHKD
HEDGED 1 LOT
MR each position = (stock price * 10000 * lot * 5%) : Mid Price USDHKD
Profit Loss calculation:
PL = ((sell price - buy price) * 10000 * lot) : Mid Price USDHKD
The following TSE stocks will be able to be traded by means of CFD:
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SONY
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TOYOTA
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HONDA
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CANON
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YAMAHA
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NIKON
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MIZUHO
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SUZUKI
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OLYMPUS
Contract size: 500
Time of trade:
03:00-05:00 (system time) and 06:30-09:00 (system time)
Margin requirement:
OPEN 1 LOT
MR = (stock price * 500 * lot * 10%) : Mid Price USDJPY
Example:
#SUZUKI = (2282 * 500 * 1 * 10%) : 92.385 = USD 1 235.05
HEDGED 1 LOT
MR = (stock price * 500 * lot * 5%) : Mid Price USDJPY
Example:
MR = (2282 * 500 * 1 * 5%) : 92.385 = USD 617.52
MR = (2234 * 500 * 1 * 5%) : 92.385 = USD 604.53
Total MR for hedged 1 lot = USD 1 222.05
Profit Loss calculation:
PL = ((sell price - buy price) * 500 * lot) : Mid Price USDJPY
Example:
#SUZUKI = ((2400-2282) * 500 * 1) : 92.385 = USD 638.63
Click here to read TSE & HKEX Stocks Contract Spesification
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