What is the so-called gold T+D? It refers to a standardized contract formulated by the Shanghai Gold Exchange that stipulates the delivery of a certain amount of subject matter at a specific time and place in the future. This subject matter, also called the underlying asset, is the spot corresponding to the gold T+D contract. Its characteristics are: buying and selling in installments, traders can choose to deliver on the same day or postpone delivery indefinitely. What is gold T+D? The contract contents include: contract name, trading unit, quotation unit, minimum price change, maximum daily price fluctuation limit, trading time, delivery date, delivery grade, delivery location, minimum trading margin, and trading procedures. fees, delivery methods, transaction codes, etc. The Golden T+D Contract Annex has the same legal effect as the Golden T+D Contract. The gold T+D is what is it market is a market for buying and selling gold T+D is what is it contracts. This kind of trading is participated by producers and operators who transfer the risk of price fluctuations and risk investors who bear price risks and make profits. It is conducted in accordance with fair competition within the exchange and is protected by a margin system. A distinctive feature of the margin system is to use less money to make larger transactions. The margin is generally 15% of the contract value. Compared with stock investment, investors invest more money in the gold T+D market than in other markets. The investment is much smaller, commonly known as "small for big". What is gold T+D? The purpose of the transaction is not to obtain physical objects, but to avoid price risks or arbitrage, and generally does not realize the transfer of commodity ownership.
What is gold T+D? The basic function of the market is to provide producers and operators with a means of hedging and avoiding price risks, and to form a fair price through fair and open competition. What is gold T+D