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IGK CFD products are different from exchange-traded products. The trading is conducted through financial institutions and not via the physical exchange. IGK trading is conducted in major global financial centres such as Hong Kong, London and New York.

During the five week day trading days , IGKs trading time exactly mirrors the exchanges- there is no delay . The information of the index futures updates timely and continuously. Experienced investors will be attracted to IGK’s high volume and price volatility CFDs.

IGK index futures trading has a number of investment advantages, including:

 

  • High volume: Billions of USD exchanged daily in the index futures market and millions of participants,which opens a channel that enables investors to enter and exit the market with transparency of pricing.
  • 24-hour trading: The trading hours are non-stop thanks to the shifting of markets due to the rotation of the earth. From the market opening Monday morning to the market closing Friday night, the market moves from HSI to FTSE to Dow Jones Index, generating a 24-hour non-stop market. This allows traders to respond to the market changes at any time.
  • Predictable Market: Index futures market often shows a specific regularity with its repetitive fluctuations, which exhibits a price trend closely followed by many market players.
  • Opportunities come from all market changes: As the market changes constantly, there are always trading opportunities to buy a long or short position. Those investors using smart trading strategies have the potential to profit from these market changes.
FTSE China A50 Index Futures
  • Contract months: Spot (the most active futures trading month)
  • Minimum changeable price: 2.5 index points
  • Trading Hours: HK Time: 09:00-16:30; 17:15-02:00
  • Last trading day of the Exchange: The third Friday in the Contract Maturity Month
  • IGK last trading day: The trading day before last trading day
  • Exchange: Singapore Exchange
Hong Kong Hang Seng Index Futures
  • Contract months: Spot (the most active futures trading month)
  • Minimum fluctuation: One index point
  • Trading Hours: HK time 09:14-12:00; 13:00-16:30; 17:15-23:45
  • Last trading day of the Exchange: Business Day immediately preceding last Business Day of the Contract Month
  • IGK last trading day: Second Business Day immediately preceding last Business Day of the Contract Month
  • Source: SEHK
Hong Kong SOE Index Futures
  • Contract months: Spot (the most active futures trading month)
  • Minimum fluctuation: One index point
  • Trading Hours: HK time 09:14-12:00; 13:00-16:30; 17:15-23:45
  • Last trading day of the Exchange: Business Day immediately preceding last Business Day of the Contract Month
  • IGK last trading day: Second Business Day immediately preceding last Business Day of the Contract Month
  • Source: SEHK
Dow Jones Index Futures (Chicago)
  • Contract months: Spot (the most active futures trading products)
  • Minimum fluctuation: One index point
  • Trading Hours: HK Time(Summer time) 6:00 – 4:15 (+1 Day); 4:30-5:15
  • Trading Hours: HK Time (Winter time) 07:00 – 05:15 (+1 Day); 05:30-6:15
  • Last trading day of the Exchange: The third Friday in the Contract Month
  • IGK last trading day: The second Friday in the Contract Month
  • Source: CBOT
K200 Index Futures (South Korea)
  • Contract months: Spot (the most active futures trading month)
  • Minimum fluctuation: 0.5 index point
  • Trading Hours: HK Time 08:00-14:15
  • Last trading day of the Exchange: The third Friday in the Contract Maturity Month
  • IGK last trading day: The trading day before last trading day
  • Source: KRX

Price limitations

There are no price limitations for index futures products.

Margin calculation

Margin = Index points intended to be earned × Value per index point

Gain and loss calculation

Long position gain and loss = (Closing price – opening price) × Value per index point

Short position gain and loss = (Opening price – closing price) × Value per index point

*The above calculations have excluded spreads.
*T&C can be changed according to market movements. Please refer to our latest announcements or notifications for the most updated information.
Stock index futures

Case 1: Short Hang Seng Index Futures

The face value of 1 Hang Seng Index Futures contract is RMB 1,100,000 Yuan. The quoted spread is 3 points (the minimum fluctuation is RMB1). RMB 10 Yuan per index point. The client intends to earn 500 index points. The margin requirement for each contract is RMB 5,000 Yuan.

The client considers the market as highly risky. The market may weaken in the future. To address this situation, the client intends to short Hang Seng Index Futures.

Hang Seng Index Futures is quoted at 22,497/22,503. The client takes a short position at 22,497. Value per index point is RMB 10 Yuan. The client intends to earn 500 index points. This requires a margin of RMB 5,000 Yuan.

Hang Seng Index Futures does weaken and drop. The price falls to 22,191/22,197. In response, the client chooses to close the position at 22,138. The client makes a profit of 300 index points in the trade (22,497-22,197).

If the client takes a short position at 22,497 and closes the position at 22,197. The profit of 300 index points is: (22,497-22,197) x 10 = RMB 3,000 Yuan. The total profit is RMB 3,000 Yuan.

  • Price difference: 300 (HSI Futures short price 22,497 – closing price 22,197 = 300)
  • Points earned: +300 (1 base point = 1, then 300/1 = 300)
  • Profit earned: RMB+3,000 (Value per index point = 10, then 300 x 10 = 3,000)

*The above calculations have excluded spreads.

Case 2: Long Hang Seng Index Futures

The face value of 1 Hang Seng Index Futures contract is RMB 1,100,000 Yuan. The quoted spread is 3 points (the minimum fluctuation is RMB1). RMB 50 Yuan per index point. The client intends to earn 500 index points. The margin requirement for each contract is RMB 25,000 Yuan.

The client considers the market as highly likely to go up. The market may strengthen in the future. To address this situation, the client intends to long Hang Seng Index Futures.

Hang Seng Index Futures is quoted at 22,003/22,009. The client longs at 22,009. Value per index point is RMB 50 Yuan. The client intends to earn 500 index points. This requires a margin of RMB 25,000 Yuan.

Hang Seng Index Futures does strengthen and goes up. The price rises to 22,509/22,515. In response, the client chooses to close the position at 22,509. The client makes a profit of 500 index points in the trade (22,509-22,009).

If the clients take a long position at 22,009 and closes the position at 22,509. The profit of 500 index points is: (22,509-22,009) x 50 = RMB 3,000 Yuan. The total profit is RMB 25,000 Yuan.

  • Price difference: 500 (HSI Futures closing price 22,509 – opening price 22,009) = 500)
  • Points earned: +500 (1 base point = 1, then 500/1 = 500)
  • Profit earned: RMB+25,000 (Value per index point = 50, then 500 x 50 = 25000)

*The above calculations have excluded spreads.