PT Bestprofit Futures - Transaction Illustration

The calculation formula Transaction:

[(Selling Price - Buying Price) x Contract Size Lot xn] - [(Facility Fee + VAT) xn Lot]

• Contract Size (total contract value): US $ 5 per point to periodically scroll stock index contracts and 100 troy ounces of gold daily to scroll contacts Loco London.

• n Lot: n is the number of lots traded.

• Facility Fee : $ 15 per lot per side (buy or sell).
  

• Total facility fee of US $ 30 for 1 lot settlement.

• VAT (Value Added Tax / VAT): 11% of the facility fee is US $ 1.65 / lot / side.
  VAT total cost of US $ 3.3 for 1 lot settlement.

• If settlement of transactions carried out over one day (overnight) then each transaction lot will be charged the cost of hospitalization / roll over.
  

• Roll over fee / storage (inpatient costs):
  - HKK5U and HKK50 of US $ 3 / night.
  - JPK5U and JPK50 of US $ 2 / night.
  - XULF and XUL10 of US $ 5 / night

Example Transaction Day Trade:

Example 1
 A customer HKK5U take long positions at the level of 24,600 points as much as 2 lots. Then investors close / liquidate a position to buy 2 lots that when the index stood at 24,700 points. Consider the following picture:

Great advantages are:

P / L = [(Selling Price - Buying Price) x Contract Size Lot xn] - [(Fee $ 30 + VAT) xn Lot]
P / L = [(24700-24600) x $ 5 x 2 lot] - [(US $ 30 + $ 3.3) x 2 lots]
P / L = (100 points x $ 5 x 2 lots) - (US $ 33.3 x 2)
P / L = US $ 1000 - US $ 66.6
P / L = US $ 933.4 (net profit)

Example 2
Investors predict a Hong Kong Index will be strengthened, so he opened a buy position at the level of 24,600 points HKK5U 1 lot. But the movement of the index does not match the predictions, then investors close / liquidate a position to buy 1 lot is in a state of loss (loss) when the index stood at 24,550 points.
Major disadvantages are:
P / L = [(Selling Price - Buying Price) x Contract Size Lot xn] - [(Fee $ 30 + VAT) xn Lot]
P / L = [(24550-24600) x $ 5 x 1 lot] - [(US $ 30 + $ 3.3) x 1 lot]
P / L = (- 50 points x $ 5 x 1 lot) - (US $ 33.3 x 1 lot)
P / L = - $ 250 - US $ 33.3
P / L = - $ 283.3 (net loss)

Overnight Transactions Example:

Example 3
An investor expects the Japan Index will weaken (bearish), then on June 10 investors opening short positions at the level of 14,850 points as much as 2 lots. Two days later (June 12), investors close / liquidate a position selling 2 lots that when the index stood at 14,650 points. (Direction corresponding index movement prediction investor)

The amount of the advantages are:
P / L = [(Selling Price - Buying Price) x Contract Size Lot xn] - [(Fee $ 30 + VAT) xn Lot]
P / L = [(14850-14650) x $ 5 x 2 lot] - [(US $ 30 + $ 3.3) x 2 lots]
P / L = (200 points x $ 5 x 2 lots) - (US $ 33.3 x 2 lots)
P / L = US $ 2,000 - US $ 66.6
P / L = US $ 1933.4 (gross profit)

Because the transaction is completed more than one day (overnight), then it will cost inpatient / roll over fee of US $ 2 / lot / night (JPK5O / JPK5U), thus:
Gross profit = US $ 1933.4
Roll over fee ($ 2 x 2 lots x 2 nights) = $ 8 (-)
Investors net profit = US $ 1925.4

Example 4
An investor predict trends Loco London gold index will be strengthened (bullish), then today investors open long positions on a daily rolling contract Loco London gold (XUL10) at the level of US $ 1170.25 / troy ounce as much as 2 lots. The next day investors close / liquidate a position to buy 2 lots of the XUL10 contract when the index was at US $ 1185.25 / troy ounce.

The amount of the advantages are:
P / L = [(Selling Price - Buying Price) x Contract Size Lot xn] - [(Fee $ 10 + VAT) xn Lot]
P / L = [(US $ 1185.25 / troy ounce - US $ 1170.25 / troy ounce) x 100 troy ounces x 2 lot] - [(US $ 30 + $ 3.3) x 2 lots]
P / L = (US $ 15.00 x 100 x 2 lots) - (US $ 33.3 x 2 lots)
P / L = US $ 3,000 - US $ 66.6
P / L = US $ 2933.4 (gross profit)

Because the transaction is completed more than one day (overnight), then it will cost inpatient / roll over fee (XULF10) of US $ 5 / lot / night, thus:
Gross profit = US $ 2933.4
Roll over fee ($ 5 x 2 lots x 1) = US $ 10 (-)
Investors net profit = US $ 2923.4 or US $ 29.234.000 million (fixed rate US $ 1 = US $ 10,000.00)

KODE & JENIS KONTRAK CODE & TYPE OF CONTRACT

ILLUSTRATION OF CALCULATION OF TRANSACTION

Calculate Profit or Loss (P / L):

For DIRECT RATES The:

P / L = (Sell Price-Purchase Price) x Contract Size x Number Lot

For Indirect Rates:

P / L = (Sell Price-Purchase Price) / Price Liquidation x Contract Size x Number Lot

1. Transaction EU1010_BBJ (Daytrade)

A customer predicts Euro spot prices will rise, and then he took a position at the price 1.3530 EU1010_BBJ buy as much as 2 lots. Not long after the customer liquidate open positions at the price of 1.3540 as 2 lots (clear position). Then the profits or losses of customers are:

 P / L = (Sell Price-Purchase Price) x Contract Size Lot xn - [(Fee + VAT) xn Lot]

 P / L = (1.3540-1.3530) x 100,000 x 2 - [(US $ 30 + $ 3.3) x 2 Lot]

 P / L = 0.0010 x 100,000 x 2 - [(US $ 33.3) x 2 lots)

 P / L = USD133.4

 Customer benefit of USD133.4.

 However, if liquidated at the price of 1.3525 then the calculation:

 P / L = (1.3525-1.3530) x 100,000 x 2 - [(US $ 30 + $ 3.3) x 2 Lot]

 P / L = -0.0005 x 100,000 x 2 - [(US $ 33.3) x 2 lots)

 P / L = -USD166.6

 Customer gets a loss of USD166.6

2. Transaction UJ10101_BBJ (Daytrade)

A customer predicts spot price USD / JPY will fall, and then he took a short position on the price of 102.20 UJ1010_BBJ contract as much as 1 lot. A few hours later at the price of 102.12 melikuidasinya customers. Then the calculation is as follows:

 P / L = (102.20-102.12) /102.12 x 100,000 x 1 - [ (US$ 30 + US$ 3.3) x 1 Lot ]

P / L = 0.0007834 x 100,000 x 1 - [(US $ 33.3) x 1 lot)

 P / L = USD45.04

 Customer gets a profit of USD45.04.

 But if the spot price USD / JPY rose to 102.27 price and liquidated at the same price, then:

 P / L = (102.20-102.27) /102.27 x 100,000 x 1 - [ (US$ 30 + US$ 3.3) x 1 Lot ]

 P / L = -0.0006844 x 100,000 x 1 - [(US$ 33.3) x 1 lot )]

 P / L = -USD101.74

 Customer gets a loss of USD101.74.