INDEX CALCULATION
INDEX FUTURES
The Calculation of Index Futures
| How to calculate Profit and Loss on Stock Index Futures | |
| Gross Profit / Loss | = (Sell – Buy) x Lot x Value per point |
| Net Profit / Loss | = Gross Profit – Commission or |
| = Gross Loss + Commission | |
GENERAL TRADING FACTS SHEET
Nikkei & Hang Seng General Trading Facts Sheet + KOSPI
(Non Delivery & Deferred Settlement Basis)
| NIKKEI | KOSPI | Hang Seng | |
| Initial Margin | USD 10,000.00 | USD 10,000.00 | USD 10,000.00 |
| Necessary Margin Per lot | USD 1,000.00 | USD 1,500.00 | USD 1,500.00 |
| Value Per Point | Rp.30.000 | Rp.35.000 | Rp.50.000 |
| Marketing Commission Per lot (One Way) | 4 pip | 4 pip | 3 pip |
| Dealing Spread | 5 points | 5 points | 5 points |
| Direct Quote Maximum | 50 lots | 50 lots | 25 lots |
| Day Trading Range (Opening Position Price) | — | — | Up/Down 600 points (Liquidation Automatically) |
| Overnight Trading Range (Previous Closing Price) | — | — | Up/Down 600 points (Liquidation Automatically) |
| Market Order/DQ Trading Limit | Up/Down 7.5%,12.5% (Temporary be suspended) |
Up/Down 10% (Temporary be suspended) |
— |
| Contract Months | Every 3 Months | Every 3 Months | Every Month |
| Trading Months | H = March M = June U = September Z = December |
H = March M = June U = September Z = December |
|
| First Trading Day | First week of every Thursday on last month of previous contract |
First week of every Thursday on last month of previous contract |
Every dated 25th on the month of previous contract. |
| Last Trading Day | Second week of every Thursday on the last month of the contract. |
Second week of every Thursday on the last month of the contract. |
Second day of daily business of the month. |
| Margin Call Level | When equity divided by necessary margin is 70% or below | When equity divided by necessary margin is 70% or below | When equity divided by necessary margin is 70% or below |
| Stop Loss Level | When equity divided by necessary margin is 20% or below | When equity divided by necessary margin is 20% or below | When equity divided by necessary margin is 20% or below |