Futures

The Financial Market is becoming more globalized and diversified. Traditional Stock Market can no longer fulfill a large proportion of investors needs. Thus, derivative products over various exchanges are growing vigorously these years. As many investors in Hong Kong are not familiar with the mechanism and risk of trading derivative products, they refuse to undergo trading derivative products. In fact, trading Foreign Futures Products is not that complicated. If you manage your risk control, trading Foreign Futures Products is even more flexible than investing in stock.

To provide better investment opportunities, Foreign Futures Department of Phillip Commodities (HK) Ltd. offers clients with 24-hour trading services and an advanced online trading platform.

Classification of foreign futures

Products provided by Phillip's foreign futures
  • INDEX
  • CURRENCY
  • METAL
  • RATE & INTERESTS
  • ENERGY
  • AGRICULTURAL

Main global exchange

United States
  • CME (Chicago Mercantile Exchange)
  • CBOT (Chicago Board of Trade)
  • NYMEX (New York Mercantile Exchange)
  • NYBOT (New York Board of Trade)
  • COMEX (Commodities Exchange)
Europe
  • EUREX (Europe's Global Financial Marketplace)
  • LIFFE (London International Financial Futures and Options Exchange)
  • EURONEXT (European Stock Exchange)
  • IPE (International Petroleum Exchange)
Asia & Australia
  • SIMEX (Singapore Exchange)
  • OSE (Osaka Securities Exchange)
  • TOCOM (Tokyo Commodity Exchange)
  • KSE (Korea Exchange)
  • SFE (Australian Securities Exchange)
  • TSE (Tokyo Stock Exchange)
Exch. Name I.Margin M.Margin Commission (Online) Commission Trading Hours
(HK Time)
Day Trade Overnight Trade Day Trade Overnight Trade
CBOT SOYBEAN OIL USD 746 USD 679 USD *4/8 USD *6/12 USD 22 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT CORN USD 1430 USD 1300 USD *4/8 USD *6/12 USD 20 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT OATS USD 858 USD 780 USD *4/8 USD *6/12 USD 20 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT ROUGH RICE USD 1238 USD 1125 USD *4/8 USD *6/12 USD 20 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT SOYBEAN USD 2417 USD 2197 USD *4/8 USD *6/12 USD 20 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT SOYBEAN MEAL USD 1346 USD 1224 USD *4/8 USD *6/12 USD 20 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT WHEAT USD 2393 USD 2175 USD *4/8 USD *6/12 USD 20 USD 22 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT Mini-Soybean USD 446 USD 406 USD 3 USD 5 USD 17 USD 17 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT Mini-sized CORN USD 264 USD 240 USD 3 USD 3 USD 17 USD 17 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CBOT Mini-WHEAT USD 383 USD 348 USD 3 USD 3 USD 17 USD 17 E-Session: (Mon-Fri) 0800-2045, 2130- Next Day 0220
CME FEEDER CATTLE USD 4456 USD 4051 USD 8 USD 12 USD 20 USD 22 E-Session: (Mon) 1005pm-0500am, (Tue - Thur) 0900pm-0500am, (Fri) 0900pm-0255am
CME LIVE CATTLE USD 2400 USD 2182 USD 8 USD 12 USD 20 USD 22 E-Session:(Mon) 1005pm-0500am, (Tue - Thur) 0900pm-0500am, (Fri) 0900pm-0255am
CME LEAN HOGS USD 3630 USD 3300 USD 8 USD 12 USD 20 USD 22 (Mon-Fri)2130-0205
KLCE Crude Palm OIL MYR 3000 MYR 2727 MYR 55 MYR 60 MYR 55 MYR 60 Mon-Fri : 1030-1230, 1500-1800 (Malaysian time)
LIFFE London Cocoa GBP 1465 GBP 1332 GBP 10 GBP 10 GBP 10 GBP 10 E-Session: (Mon-Fri) 1630-2350
LIFFE London Robusted coffee USD 1016 USD 924 USD 10 USD 10 USD 10 USD 10 E-Session: (Mon-Fri) 1600 – 0030
LIFFE London Sugar USD 1176 USD 1069 USD 10 USD 10 USD 15 USD 15 E-Session: (Mon-Fri) 1545 - Next Day 0100
NYBOT COCOA USD 2090 USD 1900 USD *4/8 USD *6/12 USD 20 USD 20 E-Session: 1645-0130(next day), Open outcry : 2000-0100
NYBOT COTTON USD 3498 USD 3180 USD *4/8 USD *6/12 USD 20 USD 20 E-Session: 0900-0230, Open outcry : 2230-0215
NYBOT COFFEE USD 4290 USD 3900 USD *4/8 USD *6/12 USD 20 USD 20 E-Session: 1615-0130(next day),Open outcry : 2000-0130
NYBOT ORANGE JUICE USD 1802 USD 1638 USD 8 USD 12 USD 20 USD 20 E-Session: 2000-0200,Open outcry : 2200-0130
NYBOT SUGAR USD 1362 USD 1239 USD *4/8 USD *6/12 USD 20 USD 20 E-Session: 1530-0100(next day),Open outcry : 2000-2300
* The special commission rate are for new clients with double margin requirement. For more detail, please visit http://www.poems.com.hk/en-us/product-and-service/foreign-futures/promotion/double-margin-offer/
CME Group Market Data Subscription Service Fee
Non-Professional Subscribers
China, Hong Kong, Taiwan Clients Service Fee Free
Oversea Clients Service Fee USD 15 per month (The cut-off day is the first trade day of each calendar month)
Professional Subscribers
  Service Fee USD 170 per month (The cut-off day is the first trade day of each calendar month)
Note:
  1. Part of the foreign futures/options products can only be placed by calling our dealing desk during open outcry session.
  2. All margin requirements are subjected to change. Please call the dealing desk for the most updated margin requirement.
  3. "CBOT 100oz. Gold, Mini-sized Gold, 5000oz. Silver, Mini-sized Silver" are now trading in NYSE LIFFE(NYL) Exchange.
  4. The above trading hours are in summer time of the related market, client should be aware of the Note 5 about the date of winter-time & the trading hours will be postponed by 1 hour.
  5. Please note the winter time of European Union and United States Markets will start on 1 November 2010 and 7 November 2010 respectively; and the market will open and close one hour later during the winter-time period. The daily statement sent by email will also be postponed by one hour to around 11am from 1 November 2010. But the time for platform (Poems/FATS) updates will be remain the same – i.e. to be around 8:30am. If there is any discrepancy between the information on the daily statement and the platform, the daily statement shall prevail. For further enquiry, please call foreign futures department at (852) 2277 6677.
  6. Account without any trading within 6 months, half-year admin fee HK$60 will be charged in Jun. and Dec.
  7. Please be aware that stop order may be cancelled by exchange due to the following reasons ever the stop price is triggered. One of the reason is that the market price beyond the price limit when the stop price is triggered. We will inform you once this situation happens as soon as possible.
  8. Position transfer inbound and outbound subject to standard commission and extra charges,besides, not all position are transferrable, please call us at (852) 2277 6677 for details.
  9. If client account contains insufficient trading currency or deficit in any currency due to trading loss, this negative balance will be charged with interest.The interest rate is SCB Hong Kong Dollar Prime Rate.

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Please contact your account executive or call us now.
Foreign Futures
Tel : (852) 2277 6677 (24Hr)
Email : futures@phillip.com.hk

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