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)

Foreign Futures Contract Specification Print BLOCK trade negotiable

Exch.	Name	I.Margin	M.Margin	Commission (Online)		Commission		Trading Hours (HK Time)
Exch.	Name	I.Margin	M.Margin	Day Trade	Overnight Trade	Day Trade	Overnight Trade	Trading Hours (HK Time)
COMEX	GOLD	USD 64991	USD 59083	USD 7	USD 10	USD 20	USD 22	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	E-Micro Gold (10oz)	USD 6574	USD 5976	USD 1	USD 1.5	USD 10.2	USD 10.2	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	E-Mini Silver (2500oz)	USD 44736	USD 40669	USD *4/8	USD *5/10	USD 20	USD 22	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	E-Mini Gold (50oz)	USD 27986	USD 25442	USD *3/6	USD *4/8	USD 20	USD 22	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	E-Micro Silver (1000oz)	USD 24059	USD 21871	USD 1.5	USD 2	USD 20.4	USD 22.4	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	HIGH GRADE COPPER	USD 15840	USD 14400	USD 8	USD 12	USD 20	USD 22	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	SILVER	USD 119372	USD 108520	USD *4/8	USD *6/12	USD 20	USD 22	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
COMEX	1-OUNCE GOLD FUTURES	USD 560	USD 509	USD 0.8	USD 1	USD 8	USD 8	E-Session: (Mon-Fri) 0600 am -0500 am, with a 60-minute break each day beginning at 5:00 a.m.
LME-Related	Aluminium	USD 5220	USD 4350	USD 15	USD 18	USD 40	USD 40	E-session: 0900 - Next day 0300
LME-Related	Copper	USD 18000	USD 15000	USD 18	USD 30	USD 30	USD 50	E-session: 0900 - Next day 0300
LME-Related	Nickel	USD 20614	USD 17178	USD 18	USD 30	USD 50	USD 50	E-session: 0900 - Next day 0300
LME-Related	Lead	USD 4350	USD 3625	USD 15	USD 20	USD 40	USD 40	E-session: 0900 - Next day 0300
LME-Related	Tin	USD 25890	USD 21575	USD 18	USD 30	USD 50	USD 50	E-session: 0900 - Next day 0300
LME-Related	Zinc	USD 7710	USD 6425	USD 15	USD 20	USD 40	USD 40	E-session: 0900 - Next day 0300
NYMEX	PALLADIUM	USD 55000	USD 50000	USD 8	USD 12	USD 20	USD 22	E-Session: 0600-0515 (Mon-Fri) ; Open outcry: 2030-0100
NYMEX	PLATINUM	USD 41998	USD 38180	USD *4/8	USD *6/12	USD 20	USD 22	E-Session: (Mon - Fri) 06:00 am - 05:00 am , with a 60-minute break each day beginning at 5:00 a.m.

* 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/

^ only for day trade

Note:

Part of the foreign futures/options products can only be placed by calling our dealing desk during open outcry session.
All margin requirements are subjected to change. Please call the dealing desk for the most updated margin requirement.
"CBOT 100oz. Gold, Mini-sized Gold, 5000oz. Silver, Mini-sized Silver" are now trading in NYSE LIFFE(NYL) Exchange.
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.
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.
Account without any trading within 6 months, half-year admin fee HK$60 will be charged in Jun. and Dec.
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.
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.
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.

Classification of foreign futures

Main global exchange

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Investor Notes