Minsheng Bank account precious metals are divided into real-time transactions and pending order transactions according to different transaction methods.

(1) Real-time trading refers to the trading method in which customers buy and sell account precious metals in real time according to the quotations issued by Minsheng Bank. Customers only specify the transaction quantity and buying and selling direction when conducting real-time transactions. Due to the time lag in the system's transmission of price information, the price submitted by the customer during the transaction is only a reference price, not necessarily the transaction price. Due to real-time market fluctuations, in order to increase the probability of transaction, Minsheng Bank provides tolerance spread settings when customers operate instant opening transactions. Customers can choose the value of tolerance spread according to the prompts.

(2) Pending order transaction means that the customer sets the price to buy a certain currency and sell another currency through Minsheng Bank’s trading channel in advance. When the real-time quotation issued by Minsheng Bank reaches the price level, The transaction can be completed according to the entrustment conditions.

1. Pending order price: Opening orders are divided into limit price and stop-loss price; closing orders are divided into profit-making price and stop-loss price. The concepts of limit price and profit-making price are the same.

(1) Limit price (profit price): refers to the price of the customer's pending order to sell the base currency (and buy non-base currencies at the same time, the same below) is higher than the real-time market selling price, or the pending order is The price for buying the base currency is lower than the current market buying price. According to the customer's trading direction, the price should be better than the real-time market price.

(2) Stop loss price: In order to avoid the risk of exchange rate fluctuations, the customer places an order to sell the base currency (and buy non-base currencies at the same time, the same below) at a price lower than the real-time market selling price, or The price of the pending order to buy the base currency is higher than the real-time market buying price. According to the customer's trading direction, the price should be inferior to the real-time market price.

2. Types of pending orders: Opening orders are divided into limit orders and stop-loss orders; closing orders are divided into profit-making orders, stop-loss orders and choose-one orders, among which limit orders and profit-making orders The concept of pending orders is the same.

(1) Limit order (profit order): refers to an entrusted transaction in which the customer sets a limit price (profit price). When the price reaches or is better than the price set by the customer, the system automatically Complete transaction processing.

(2) Stop-loss pending order: refers to an entrusted transaction in which the customer sets a stop-loss price. When the price reaches or is worse than the price set by the customer, the system automatically completes the transaction processing.

(3) Choose one of the two pending orders: refers to a normal pending order that sets the profit price and stop loss price at the same time. When the real-time quotation of Minsheng Bank reaches one of the set prices, the transaction will be completed, and the other set price will be executed. The fixed price will automatically expire. The second-choice pending order only exists in the closing order transaction.

3. The validity period of the pending order: The default is until the end of the trading time of the current week, that is, the customer can submit the pending order instruction at any time during the trading time of the current week. There is no need to manually set the pending order validity period. The customer can cancel the pending order at any time before the pending order is completed. , all pending orders that have not been filled or canceled will be automatically canceled after the end of the trading hours of the current week.

4. Principles for the completion of pending order transactions: After the customer's pending order instruction is submitted, within the validity period of the pending order, when Minsheng Bank's real-time exchange rate quotation meets the pending order conditions, the transaction will be completed according to the qualified market price. In a limit order (profit order), the transaction price may be equal to or better than the customer's pending order price; in a stop-loss order, the transaction price may be equal to or worse than the customer's pending order price. Pending order transactions are matched according to the order of the order time.

5. Others: After the pending order is successfully placed, customers can query the details and transaction status of each pending order through various trading channels; before the pending order transaction is completed, the customer can cancel the pending order.