Take Shanghai as an example:
Shanghai gold futures trading rules-trading hours:
08:55~08:59 Set competitive prices (entrusted by customers, but without intermediary)
08:59~09:00 Intermediary transaction: 00~ 10: 15 Normal transaction.
10:15 ~10: 30 Dalian and Shanghai Zhengzhou futures exchanges are closed.
10: 30 ~1:30 normal trading13: 30 ~14:10 normal trading.
14: 10 ~ 14:20 & amp; Nbsp; the shanghai futures exchange is closed.
/kloc-normal trading from 0/4: 20 to 15: 00.
Trading variety: gold
Transaction unit: 1000g/ lot.
Quotation unit: RMB/gram
Minimum change price: 0.0 1 yuan/gram.
Maximum daily price change limit: 5% of the settlement price of the previous trading day.
Contract delivery month:1-65438+February.
Trading time: 9: 00 am-165438+0: 30 pm130-3000.
Last trading day: the delivery month of the contract is 15 (postponed according to legal holidays).
Delivery date: 5 consecutive working days after the last trading day&; Uninterrupted space
Handover grade: domestic ingots with gold content above 99.95%, and standard ingots produced by qualified suppliers and refineries recognized by the London Gold and Silver Market Association (LBMA) recognized by the Exchange (see Annex for specific quality regulations).
Handover location: the handover vault designated by the International Gold Exchange.
Minimum trading margin: 7% of the international gold contract value.
Transaction costs: including risk reserve.
Switching method: physical switching
Transaction code: AU
Listed Exchange: Shanghai Futures Exchange