Profit and Loss Calculation
Profit and Loss Formula: (Selling Price - Buying Price) × Contract Size × Number of Contracts = Profit or Loss Amount
Profit and Loss Formula: (Selling Price - Buying Price) × Contract Size × Number of Contracts = Profit or Loss Amount
The quoted unit is 1 ounce, where 1 ounce ≈ 31.10 grams. Conversion formula: Latest London gold/silver price ÷ 31.10 × RMB exchange rate = price per gram in RMB.
When there is a loss on open positions, the withdrawable amount = account balance - used margin - loss on open positions. This can also be expressed as: withdrawable amount = net worth - used margin.
When a position is profitable, the withdrawable amount = account balance - used margin. You must close the position before you can withdraw the profit.
Forced Liquidation Ratio = Margin Requirement * 30%
Weekend Margin Requirement ≤ 200%
Advance Payment Ratio = Account Net Worth ÷ Advance Payment Used (Margin Used) × 100%