Commodity >> Coffee

Symbol SKC - (Coffee C)
Tick Size (Minimum Fluctuation): 0.05
Minimum Spread: 25 Points (5 Ticks)
Commission: FREE
Trading Hour (GMT+7): Daily trading hour(s) from 15:30 to 01:00 (next day)
Daily Limit: -
Settlement Type: Cash
Auto Liquidation: 30% of Intra-day Margin
Auto Hedge: 100% of Overnight Margin
Financial/Swap Rate: Long: -US$ 6.00 (Per Day) -US$ 12.00 (Per Day) -US$ 18.00 (Per Day)
Short: -US$ 6.00 (Per Day) -US$ 12.00 (Per Day) -US$ 18.00 (Per Day)
Contract Size 375 Pounds 750 Pounds 1,125 Pounds
Value per Tick: US$ 18.75 US$ 37.50 US$ 56.25
Intra-day Margin: US$ 1,000 US$ 2,000 US$ 3,000
Hedged Margin: US$ 1,000 US$ 2,000 US$ 3,000
Overnight Margin (Open Position): US$ 4,000 US$ 8,000 US$ 12,000
Swap Calculation: Swap Rate * Number of Contract(s)
Example: Client buy 1 lot SKC and leave it overnight; Calculation: -US$6.00 * 1 = -US$6.00
P/L Calculation: (Selling price - Buying price) * Contract Size * Number of Contract(s)
Example: Client buy 1 lot SKC at 181.00 Settle at 181.30; Calculation: (181.30 - 181.00) * 375 * 1 = US$112.50