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Precious Metal
TFEX Silver Online Futures
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TFEX Silver Online Futures
TFEX Silver Online Futures is a commodity of Precious metal same as Gold and Platinum, but the investor can trade TFEX Silver Online Futures in 24 Hrs. at London Chicago Shanghai Hongkong market.
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Pre-Trade Knowledge
Advantage of TFEX Silver Online Futures Contract
- Able to make profit in both uptrend and downtrend.
- No need to concern over about unstable of Baht currency.
- Able to make profit in thai baht,investment return according to International trading market.
- Able to trade by the investor self via internet trading, PC, Tablet, Smart Phone (iOS & Android).
- There will be Marketing Officers (Brokers) to help in providing information for investment and following the market situation for the investors.
- Use less investment money but make more profit.
- Able to trading at real time until 3 AM.
- Able to use Arbitrage trade stategies – Silver Online Futures in TFEX and Global market of MTS.
TFEX Silver Online Futures
Heading |
Contract Specifications | ||||||||||||||||||||||||
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| Underlying Asset | Silver with purity of 99.9% | ||||||||||||||||||||||||
| Ticker Symbol | SVF | ||||||||||||||||||||||||
| Contract Size | 1 contract = 3,000 multiplier of the reference price per troy ounce | ||||||||||||||||||||||||
| Contract Months | 1 nearest quarterly month (March, June, September, December) | ||||||||||||||||||||||||
| Price Quotation | USD per troy ounces | ||||||||||||||||||||||||
| Minimum Price Fluctuations | USD 0.01 per contract unit | ||||||||||||||||||||||||
| Trading Hours |
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| Price Limit | Initial price limit is +10% from the latest settlement price. Should traded price reach the limit, trading will be halted for a certain period announced by TFEX. After trading resumes, the price limit will be expanded to +20% of the latest settlement price. | ||||||||||||||||||||||||
| Position Limit | Exchange may announce the position limit as it deems appropriate.
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| Last Trading Day | The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:55 hrs. In case the last trading day falls on a LBMA's holiday, TFEX will announce the new last trading day accordingly. | ||||||||||||||||||||||||
| Settlement Type |
Cash Settlement in THB
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| Final Settlement Price | The business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:55 hrs. In case the last trading day falls on a LBMA's holiday, TFEX will announce the new last trading day accordingly. | ||||||||||||||||||||||||
| Exchange Fee | Promotion Period (Nov 2020 - Apr 2021): THB 3 per contract per side
Normal Rate: Maximum of THB 4 per contract per side | ||||||||||||||||||||||||
| Data Licensing Fees | THB 0.5 per contract per side | ||||||||||||||||||||||||
| Brokerage Fees | Freely negotiable |
Example of trading price calculation
| Transactions | Cost | Profit/Loss |
| Opened Silver Futures – 1 Futures | $ 24.30 | |
| Closed Silver Futures – 1 Futures | $ 25.50 | |
| Margin (Profit) | + $1.20 | |
| Multiplier | X 3,000 | |
| * Margin Amount | 1.20 x 3,000 | = + 3,600 Baht |
