Contract Name	LLG	MLG	LLS	MLS
Contract Size	100 Troy oz	10 Troy oz	5000 Troy oz	500 Troy oz
Minimum Fluctuation	USD 0.01		USD 0.001
Normal Spread	0.5(50 cents)		0.026(2.6 cents)
Initial Margin Requirement	2% Contract Value ^~USD 2,500	2% Contract Value ^~USD 250/td>	USD 3,000	USD 300
Mandatory Margin Requirement -20%	^~USD 500	^~USD 50	USD 600	USD 60
Hedge Position Margin Requirement	2% Contract Value ^~USD 2,500	2% Contract Value ^~USD 250	USD 3,000	USD 300
Commission*(Open Side Only)	USD 50 per lot (When one 100 ounces Loco London Gold contract is initialized)*USD 3 is added on each 100 ounces Loco London Gold contract (Round-Trip) for the Levy of the CGSE	USD 5 per lot (When one 10 ounces Loco London Gold contract is initialized)*USD 1 is added on each 10 ounces Loco London Gold contract (Round-Trip) for the Levy of the CGSE	USD 50 per lot (When one 5000 ounces Loco London Silver contract is initialized)*USD 3 is added on each 5000 ounces Loco London Silver contract (Round-Trip) for the Levy of the CGSE	USD 5 per lot (When one 500 ounces Loco London Silver contract is initialized)*USD 1 is added on each 500 ounces Loco London Silver contract (Round-Trip) for the Levy of the CGSE
Trading Hours(HK Time)	Summer Time:  Mon-Thu: 06:00 AM -05:15 AM (Next day) Fri: 06:00 AM -05:00 AM (Next day) Winter Time:  Mon-Thu:07:00 AM -06:15 AM (Next day) Fri: 07:00 AM -06:00 AM (Next day) *Official Holidays will be announced accordingly.

Latest Interest Rate of Loco London Gold/Silver

^ Above calculation based on the assumption that current gold price is USD 1,250.

Note:

• 1. KAB Bullion Hong Kong Limited accepts cash settlement for the above investment products only.
• 2. KAB Bullion Hong Kong Limited reserves the right to amend the above information without advance notice.
• 3. The above information is subjected to change upon market conditions.
• 4. The minimum initial margin requirement for "general retail investors" should be set to not less than 2% of the contract value and "experienced investors" are not subject to this restriction. For more detail about the definition of "experienced investors", please free feel to contact us.

Risk Warning: 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.