P& L of gold
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Formula:
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Profit/ Loss= [(Selling Price - Brought-in Price) x lots size + interest] x no.
of lots
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Example:
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London Gold Trading:
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Brought 2 lots and sold it on that day
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Bought-in Price:
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USD 1,200
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Selling Price:
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USD 1,210
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Profit and Loss:
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[(1,210 – 1,200) x 100 + 0] x 2=USD 2,000
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Calculation of interestInterest (Gain/ Loss) = Bought-in Price x lots size
x interest rate p.a. x (no. of day/ 365) x no. of lots
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London Gold Trading:
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Brought 1 lot and hold it to the next day
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Bought-in Price:
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USD 1,200
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Interest:
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Brought in (-1.50%), sold out (-1.50%)
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Day(s):
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1 day
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Gain or Loss in Interest
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[(1,200.00 x 100 x -1.50% x 1) ÷ 365] x 1=-4.93
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Example 2:
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London Gold Trading:
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Sold 1 lot and hold it to the next day
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Bought-in Price:
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USD 1,200
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Interest:
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Brought in (-1.50%), sold out (-1.50%)
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Day(s):
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3 days
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Gain or Loss in Interest
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[( 1,200.00 x 100 x -1.50% x 3 ) ÷ 365 ] x 1 = -14.79
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P & L of silver
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Formula:
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Profit/ Loss= [(Selling Price - Brought-in Price) x lots size + interest] x no.
of lots
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Example:
|
|
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London Silver Trading:
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Brought 2 lots and sold it on that day
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Bought-in Price:
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USD 13.00
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Selling Price:
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USD 1,210
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Profit and Loss:
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[(1,210 – 1,200) x 100 + 0] x 2=USD 2,000
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Calculation of interestFormula:Interest (Gain/Loss) = Bought-in Pricexlots
size x interest rate p.a. x (no.of day/365) x no.of lots
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Example 1:
|
|
|
London Gold Trading:
|
Brought 1 lot and hold it to the next day
|
|
Bought-in Price:
|
USD 1,200
|
|
Interest:
|
Brought in (-1.50%), sold out (-1.50%)
|
|
Day(s):
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1 day
|
|
Gain or Loss in Interest
|
[(1,200.00 x 100 x -1.50% x 1) ÷ 365] x 1=-4.93
|
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Example 2:
|
|
|
London Gold Trading:
|
Sold 1 lot and hold it to the next day
|
|
Bought-in Price:
|
USD 1,200
|
|
Interest:
|
Brought in (-1.50%), sold out (-1.50%)
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Day(s):
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3 days
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Gain or Loss in Interest
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[(1,200.00 x 100 x -1.50% x 3) ÷ 365] x 1 =-14.79
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Note:
1. USD is the basis of calculation for all transactions and contracts in
the trading account and displays in client’s statement and ledger. The Exchange
rate of USD/ HKD is based on bank current rate.
2. Changes or amendment of the information might be made at any time without
prior notice.
3. The above calculation illustrations exclude handling fee, for reference
only.
Risk Disclosure:
Trading leveraged products involve a high degree of risk and investors should be
prepared for the risk of losing their entire investment and losing further amounts.
KAB Bullion Hong Kong Limited is only an execution dealer and does not provide investment
advice or recommendations regarding the purchase or sale of any securities. KAB
Bullion Hong Kong Limited does not set up any specific financial needs or objectives
for clients. It is solely an investor’s responsibility to make its own investment
decision.