You can go long or short, with a minimum participation of 38,000 yuan.
Individuals can finally legally invest in gold T+D. The Shanghai Gold Exchange recently announced the opening of gold T+D business to individual investors. Industrial Bank became the first pilot bank and has started trial operation. Previously, gold T+D has always been a forbidden area for individual investors. Although Shanghai Gold Exchange has gold T+D business, it is only open to member units.
Gold T+D is a deferred trading product of Shanghai Gold Exchange. Deferred trading refers to a spot trading mode in which customers can choose to deliver or postpone delivery on the contract trading day, and at the same time introduce the mechanism of deferred compensation fee (referred to as deferred fee) to stabilize the contradiction between supply and demand. Because gold T+D can be long and short, and it is also a leveraged operation, the launch of this business immediately attracted great attention from investors.
This time, Industrial Bank introduced all the gold spot deferred delivery products of Shanghai Gold Exchange to individual customers, including AU(T+D), AU(T+N 1) and AU(T+N2), and added a new spot variety AU9995. Gold spot deferred delivery products are listed and traded contracts of Shanghai Gold Exchange. The starting point of the transaction is 1 1,000 g, and two-way margin trading is adopted. After opening the position, the customer can choose to close the position or deliver it on the same day, or postpone the closing position or delivery.
What are the advantages of gold T+D business compared with the existing gold trading business varieties? Jiang Shu, a gold analyst at Industrial Bank, told reporters that compared with the original spot trading business, gold T+D can be traded in two directions, and it can be long when the price rises and short when it falls, while the original spot variety can only be long in one direction; In addition, the leveraged fund trading mode is adopted, and the full transaction is completed with a certain percentage of margin, which improves the utilization rate of funds, while the original spot varieties can only be fully traded. Many banks can't extract physical gold from gold products, but this business can still extract spot gold after customers pay the full delivery funds.
According to reports, Industrial Bank stipulates that the minimum deposit ratio for investors is 20% and the leverage ratio is five times. Individual investors can operate through online transactions, counters and telephone banking of Industrial Bank. Since the starting point of the transaction is 1 000g, the margin stipulated by Industrial Bank is 20%, and the maximum handling fee paid to the bank unilaterally is 2‰. Even if an individual participates in the investment with gold 1.90 yuan per gram, the minimum capital threshold is 38,000 yuan, and the handling fee for a single transaction is 380 yuan.
The gold analyst of Industrial Bank reminded investors that the gold T+D transaction is a leveraged transaction with relatively high risk. Therefore, it is best for investors to have certain gold investment experience and a certain understanding of the gold market, which is not suitable for investors with low risk tolerance and insufficient professional knowledge. He also suggested that when you first try to invest, the position can be as high as possible, and it is not appropriate to concentrate on a large number of investments to avoid short positions.
It is understood that the margin ratio of gold T+D business of Shanghai Gold Exchange is usually 10%, and the margin ratio stipulated by Industrial Bank is higher than it, which is due to risk control considerations.
It is also very simple for individual investors to open a gold T+D account. As long as you are over 18 years old, you can apply for a trading account with your ID card. Customers who already hold the bank card of this bank can directly open a gold trading account online.
Www.hi.baidu.com/ykanswy (Golden Blog) welcomes your inquiries and comments at any time.