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Jinyu Financial: What are the characteristics of spot gold trading?

1. The spot gold trading market fluctuates greatly: On the one hand, due to international political, military, economic and other factors, the price of gold will fluctuate violently, and transactions will be conducted at this price difference. For example: the U.S. election, whether the Federal Reserve raises interest rates or not, the European Central Bank's interest rate decision, war, etc.

2. Trading hours for spot gold trading: The trading hours are more convenient and suitable for various investors’ time arrangements. Daylight saving time is from 7:00 a.m. on Monday to 04:00 a.m. on Saturday (every day during this period) 05:00-06:00 in the morning is the system settlement time); winter time Monday 8:00--to Saturday 05:00 (05:00-06:00 every day during the period is the system settlement time), up to 22 hours a day Trading hours.

3. Two-way spot gold trading: The trading method is relatively flexible, and you can do long and short two-way transactions. Generally speaking, you can buy up and down.

4. Spot gold trading market maker trading: Using market maker trading, you can buy and sell at any time without restrictions. For example: if you place an order in one second, you can close the position in the next second.

5. T+0 trading rules for spot gold trading: You can trade at any time on the same day.

6. Leveraged spot gold trading, fixed margin: use small margin to make a big margin, and the margin will be automatically expanded by 100 times during the transaction, thereby improving capital utilization and lowering the transaction threshold. For example: 1 million funds are actually needed, but only 10,000 funds are needed during the transaction.

7. There is no banker in spot gold trading: the investment is in the international market, the daily transaction volume is large, and no one institution can control it.