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Foreign Exchange Products : |
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1. Major |
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- EUR / USD = European Union
- GBP / USD = Great Britain Poundsterling
- AUD / USD = Australian Dollar
- USD / JPY = Japanese Yen
- USD / CHF = Confoederatio Helvetica Franc |
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2. Cross rate |
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- EUR / GBP
- EUR / JPY
- GBP / JPY
- AUD / JPY
- CHF / JPY |
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Tabel Contracts Description |
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Description |
Major |
Cross rate |
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Contract size |
$ 100.000 |
$ 100.000 |
Spread |
5 points |
5 points (GBP/JPY 7 Points) |
Transaction Day |
Monday to Friday |
Monday to Friday |
Max Lot / order |
20 Lot |
20 lot |
Prices fluctuation |
Min 1 Points |
Min 1 Points |
Margin Requirement |
$ 1.000 |
$ 1.000 |
Hedging |
$ 200 |
$ 200 |
Rate |
Fix rate Rp. 10.000,- /$ |
Floating rate |
Floating rate |
Commission |
$ 50 + VAT = $ 55 |
$ 50 + VAT = $ 55 |
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Time Trade |
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Open = Monday 06.30 wib |
Open = Monday 06.30 wib |
Close = Saturday at 03.00 wib |
Close = Saturday at 04.00 wib |
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Calculation Profit / Loss : |
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1. Major |
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- EUR / USD
- GBP / USD
- AUD / USD |
( Selling Price – Buying Price ) x Contract size x Lot – ( commission ) |
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- USD / JPY
- USD / CHF |
( Selling Price – Buying Price ) x Contract size x Lot _ ( commission )
Liquidation Price |
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2. Cross Rate |
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- EUR / JPY
- GBP / JPY
- AUD / JPY
- CHF / JPY |
( Selling Price – Buying Price ) x Contract size x Lot _ ( commission )
USD / JPY ( Liquidation ) |
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| - EUR /GBP |
( Selling Price – Buying Price ) x Contract size x Lot _ ( commission )
GBP / USD ( Liquidation ) |
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Illustration : |
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On 08 June 2009, client done transaction for forex buying 2 lot currency GBP / USD at price 1.5800. On the same day GBP / USD strengthen by 100 points to level 1.5900, Then the client done a liquidation order for taking profit by selling GBP / USD at price 1.5900
Fix rate = Rp 10.000 / $ if converted in Rupiah will be
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Calculation Profit / Loss : |
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= ( Selling Price – Buying Price ) x Contract size x Lot – ( commission )
= ( 1.9600 - 1.9500 ) x 100.000 x 2 lot - ( commission )
= ( 0.0100 ) x 100.000 x 2 lot - ( commission )
= 1000 x 2 lot - ( commission )
= 2000 - ( $ 55 x 2 lot )
= 2000 - 110
= $ 1.890 ( Net Profit ) |
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Fix rate = Rp 10.000 / USD so if in confersikan to rupiah was : |
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= $ 1.890 x Rp. 10.000
= Rp. 18.900.000,- ( Net Profit ) |
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From the above transaction, client has made profit on his transaction as much as 100 point or Rp. 18.900.000,- (Net Profit).
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