Skyeastfx New Products
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:
- ICB
- PEC
- HKB
- CHT
- BCL
- CLI
- CCB
- CPC
- BCM
- 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:
- SONY
- TOYOTA
- HONDA
- CANON
- YAMAHA
- NIKON
- MIZUHO
- SUZUKI
- 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