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Commodities Trading |
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1. |
Which commodities markets
can I trade? |
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You can trade most of the commodities in
the following markets: Chicago Board of Trade; Chicago
Mercantile Exchange; Commodity Exchange, Inc.; London
Int'l. Fin. Futures Exchange; NY Coffee, Sugar, &
Cocoa; New York Mercantile Exchange; Kansas City Board
of Trade; London Metals & Terminal Markets; New York
Cotton Exchange; London Futures Exchange; New York Futures
Exchange; International Monetary Market; Singapore Monetary
Exchange; International Petroleum Exchange; etc. |
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2. |
What kind of commodities
can I trade? |
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You can trade most of commodities including
metal, agricultural, energy, livestock, forest products,
etc.
For further enquiry, please click HERE
to contact us.
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3. |
How can I submit a trade? |
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You can place an order either by phone
or in person. |
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4. |
What types of orders can
I submit? |
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You can place different types of orders:
Day order; GTC order(good till cancel); GTF order(good
till Friday); OCO order (one cancel the other); Limit
order; Stop Loss order; MOO order (market on open); MOC
order(market on close) etc, subject to different markets
and different products.
For further enquiry, please click HERE
to contact us.
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5. |
When can I submit my orders? |
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Normally, 24 Hours a day, subject to different
markets and different products. For further enquiry, please
click HERE to contact
us. |
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6. |
What are the market trading
hours? |
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Asia market: 07:55 to 16:15
Euro market: 15:00 to midnight
US market: 20:00 to 05:00 |
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7. |
How do I deposit funds into
my account at SHK? |
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| There are multiple ways to deposit
funds: |
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Cash deposit; |
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Cheque deposit; |
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T/T funds transfer; |
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Internal A/C funds transfer among Associated Companies
within SHK Group; |
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Deposit/transfer funds directly to the trust account
that we opened for you in Standard Chartered Bank
(SCB); |
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Deposit/transfer funds directly to our designated
bank account at Bank of China; and |
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Authorize us to transfer funds from your SCB account
on your behalf |
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8. |
How do I withdraw funds
from my SHK account? |
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| There are various ways to withdraw
funds: |
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Cash withdrawal; |
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Cheque withdrawal; |
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T/T funds transfer; |
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Transfer funds directly to your designate bank
account; and |
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Internal account funds transfer within the SHK
Group |
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9. |
How do I transfer
funds/commodities/futures/currency with external companies
or a third party account? |
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A written instruction from you and approval
from our management according to our company policy and
guideline are required if such funds transfer involves
a third party. |
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10.How am I notified of
the execution of my orders? |
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When an order is executed, we will contact
you as soon as possible (if so required). We will send
you a statement of account on the next business day. |
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11.What is the settlement
procedure/date? |
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Some of the products are cash settled contract
for differences such as Index Futures and Options and
some of them are involved physical delivery such as Gold
and Silver. Those clients who have no intention to take
physical delivery should liquidate their related long
open contracts prior to the first notice day of its underlying
commodity products. Please click HERE
for details. |
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12.What kind of trade confirmations
and statements will I receive? |
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You will receive a combined statement of
account with composition of Sun Hung Kai Commodities Ltd,
Sun Hung Kai Bullion Company Ltd and Sun Hung Kai Forex
Limited whenever a transaction is executed. If your account
is not maintaining a zero balance and nil position, you
will receive a monthly statement too. |
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13.What are the margin requirements? |
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You should deposit sufficient funds before
any trading. The margin requirements of the overseas commodities
market vary according to different Exchanges. For further
enquiry, please click HERE.
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FX / Commodities
