When it comes to futures gold, whether you make money or lose money, you have to deliver it. Gold td is different and can be held indefinitely.
Gold TD: gold deferred delivery business, referred to as AU (Shanghai T+D), mainly deals with margin trading. Traders can choose to deliver or postpone delivery on the contract trading day, and at the same time introduce a deferred compensation mechanism to stabilize the contradiction between supply and demand. This trading mode can provide hedging function for gold producers and users, and also meet the investment needs of investors, with low investment cost and high market liquidity; At the same time, it also provides investors with a short-selling mechanism and trading platform, which is suitable for investment and financial management.
Gold futures: refers to a futures contract with the gold price in the spot gold market at a certain point in the future as the trading target. The profit and loss of investors buying and selling gold futures is measured by the price difference of gold in and out, which is the physical delivery after the contract expires.
Similarities of gold TD gold futures:
1. margin trading, including small bet and large bet;
Second, both of them can be traded in two directions, and buying up and buying down can also be done;
Third, they are all T+O transactions and can be bought and sold at any time;
Four, these two financial derivatives can be delivered in kind;
5. There are ups and downs. Au(td) is 7% and gold futures is 6%;
Six, China's financial derivatives.
Gold TD gold futures difference:
1. Trading channel: au(td) is a gold futures launched by Shanghai Gold Exchange in 2005 and Shanghai Gold Futures Exchange in 2008;
Second, the trading time: au(td) 10 hour all-day trading time (night trading is more, that is, night trading time) gold futures trading time is 4 hours all day;
Third, the current account, gold futures can be done in futures companies; Au(td) can only open an account with a bank or a bank partner.
All of the above are about "What is the difference between gold futures and gold TD?" For more gold T+D knowledge, please pay attention to everyone!