Energy Market
Energy Futures
Energy elements (Crude Oil & Natural Gas) are considered to be essential in our everyday life and are used in various sectors of production. Crude Oil and Natural Gas have occupied the largest portion of energy consumption in the United States. Besides the demand and supply factors, the price of these energy elements is also linked to their production level.
| Contract Specification | Symbol | Contract Size | Minimum Fluctuation | Value of Tick |
|---|---|---|---|---|
| Crude Oil | CL | 1000 barrels | US$0.01 | US$10.00 |
| Natural Gas | NG | 10,000 mil BTU | US$0.001 | US$10.00 |
Trading Hours (GMT): SUN-FRI 23:00-18:30 (Daily break) 13:30-14:00 18:30-19:15
Benchmark month: The month immediate next to the present month
Foreign Exchange Market
Forex Futures contracts are very similar to products of the spot foreign exchange market, namely, margin-trading accounts offered by banks.
| Contract Specification | Symbol | Contract Size | Minimum Fluctuation | Value of Tick |
|---|---|---|---|---|
| Euro / US Dollar | EU | 125,000 Euro | 0.0001 | US$12.50 |
| British Pound / US Dollar | BP | 62,500 BP | 0.0001 | US$6.25 |
| US Dollar / Japanese Yen | JY | 12,500,000 | 0.000001 | US$12.50 |
| US Dollar / Swiss Franc | SF | 125,000 | 0.0001 | US$12.50 |
| Australian Dollar / US Dollar | AD | 100,000 | 0.0001 | US$10.00 |
| New Zealand Dollar / US Dollar | NZ | 100,000 | 0.0001 | US$10.00 |
| US Dollar / Canadian Dollar | CD | 100,000 | 0.0001 | US$10.00 |
Trading Hours (GMT): Sunday 22:00- Friday 21:00
Daily Break (GMT): 21:00-22:00
Benchmark month: March (H), June (M), September (U) and December (Z)
Precious Metals Market
The Gold Futures Contract is actually a substitute of Spot Gold similar to that of Loco London’s gold market. However, the price of Futures is more transparent than Loco Londons market.
| Contract Specification | Symbol | Contract Size | Minimum Fluctuation | Value of Tick |
|---|---|---|---|---|
| Gold | GC | 100 troy ounce | US$0.10 | US$10.00 |
Trading Hours (GMT): : SUN-FRI 23:00-20:30 (Daily break) 12:00-12:20 17:30-18:00
Benchmark month: February (G), April (J), June (M) , August (Q) and December (Z)
Stock Index Market
Stock Index Futures contract is not only an effective tool for investors to hedge their stock portfolios, but also offer a profitable mean for speculators. SHINING offers following products for our investors currently:-
Dow Jones Industrial Average
The Dow Jones Industrial Average (DJIA) was launched in 1896 and comprises of 30 “blue-chip” US stocks. Trading DJIA allows investors to inexpensively execute trading strategies based on the Dow Jones Industrial Average. Investors can participate in the broad market by using index as an inexpensive alternative to stock ownership.
S&P 500 Index
The S&P 500 Stock Index has long been the benchmark by which professionals measure portfolio performance. The Standard & Poor’s Corporation designed and maintains the S&P 500 to be an accurate proxy for a diversified equity portfolio. The Index is based on the stock prices of 500 large-capitalization companies. These products are widely used by financial professionals as well as individual investors.
Nasdaq 100
The Nasdaq-100 Index comprises 100 of the largest domestic, non-financial common stocks listed on the Nasdaq Stock Market. Created in 1985, this index mainly reflects the hi-tech stocks performance.
NIKKEI 225 INDEX (NK 225)
All 225 companies included in Nikkei Index 225 are major determinants of the Japanese economy. Its price is highly determined by Japanese high-tech stocks, providing a high correlation to NASDAQ. Like Dow Jones, Nikkei is a price-weighted stock index.
| Contract Specification | Symbol | Contract Size | Minimum Fluctuation | Value of Tick |
|---|---|---|---|---|
| Dow Jones Index | DJ | US$10 X index | 1 point | US$10.00 |
| S&P Index | SP | US$50 X index | 0.25 point | US$12.50 |
| NASDAQ Index | ND | US$20 X index | 0.50 point | US$10.00 |
| Nikkei 225 Index | NS | Yen500 X index | 5 point | Yen 2500 |
Benchmark month: March (H), June (M), September (U) and December (Z)