TFEX

Gold Online Futures

Summary of Gold Online Futures Contract Specification

Heading Contract Specification
Underlying AssetGold Price with a purity of 99.50%
Ticker SymbolGO
Contract Size1 contract = 300 multiplier of the reference price per troy ounce
Contract Months2 nearest quarterly month (March, June, September, December)
Price QuotationUSD per troy ounces
Minimum Price FluctuationsUSD 0.1 per contract unit
Price LimitInitial price limit is +10% from the latest settlement price. Should traded price reach the limit, trading will be halted for a certain period announced by TFEX. After trading resumes, the price limit will be expanded to +20% of the latest settlement price.
Trading Hours
 Pre-open Trading Hours
Day 09:15 - 09:45 hrs.09:45 - 16:55 hrs.
Night 18:45 - 18:50 hrs.18:50 - 03:00 hrs. (Next day)
Position LimitExchange may announce the position limit as it deems appropriate.
Last Trading DayThe business day immediately preceding the last business day of the contract month. Time at which trading ceases on Last Trading Day is 16:30 hrs.
In case the last trading day falls on a LBMA's holiday, TFEX will annouce the new last trading day accordingly
Settlement TypeCash Settlement in THB
Final Settlement Price
The LBMA Gold AM Fixing price on the last trading day as published by ICE Benchmark Adminstration (IBA). There will be no foreign exchange rate adjustment.
Exchange FeeMaximum of THB 14 per contract side
Data Licensing FeeTHB 2 per contract side
Brokerage CommissionFreely negotiable

Remark :
The above is a summary of the contract specification. Please refer to the Regulations and Procedures Chapter 600: Listing of Derivatives Contracts for the official contract specifications.

Quote Vendor Codes

Product NameBloombergRefinitiv
Gold Online FuturesTGCA<COMDTY>
TGCmy<COMDTY>
GOmy
0#GO:

Disclaimer
“The [LBMA Gold Price/LBMA Silver Price], which is administered and published by ice benchmark administration limited (iba), serves as, or as part of, an input or underlying reference for GOLD ONLINE FUTURES.

[LBMA Silver Price/LBMA Gold price] is a trade mark of Precious Metals Prices Limited, and is licensed to iba as the administrator of the [LBMA Silver Price/LBMA Gold Price]. ICE BEnchmark adminstration is a trade mark of iba and/or its affiliates. [The LBMA Gold Price [AM/PM]/LBMA Silver Price], and the trade marks [LBMA GOLD PRICE/LBMA SILVER PRICE] and ICE Benchmark Administration, are used by THAILAND FUTURES EXCHANGE PCL. with permission under licence by iba.

IBA AND ITS AFFILIATES MAKE NO CLAIM, PREDICATION, WARRANTY OR REPRESENTATION WHATSOEVER, EXPRESS OR IMPLIED, AS TO THE RESULTS TO BE OBTAINED FROM ANY USE OF THE [LBMA GOLD PRICE/LBMA SILVER PRICE], OR THE APPROPRIATENESS OR SUITABILITY OF THE [LBMA GOLD PRICE/LBMA SILVER PRICE] FOR ANY PARTICULAR PURPOSE TO WHICH IT MIGHT BE PUT, INCLUDING WITH RESPECT TO GOLD ONLINE FUTURES. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ALL IMPLIED TERMS, CONDITIONS AND WARRANTIES, INCLUDING, WITHOUT LIMITATION, AS TO QUALITY, MERCHANTABILITY, FITNESS FOR PURPOSE, TITLE OR NON-INFRINGEMENT, IN RELATION TO THE [LBMA GOLD PRICE/LBMA SILVER PRICE], ARE HEREBY EXCLUDED AND NONE OF iba OR ANY OF ITS AFFILIATES WILL BE LIABLE IN CONTRACT OR TORT (INCLUDING NEGLIGENCE), FOR BREACH OF STATUTORY DUTY OR NUISANCE, OR UNDER ANTITRUST LAWS OR OTHERWISE, IN RESPECT OF ANY INACCURACIES, ERRORS, OMISSIONS, DELAYS, FAILURES, CESSATIONS OR CHANGES (MATERIAL OR OTHERWISE) IN THE [LBMA GOLD PRICE/LBMA SILVER PRICE], OR FOR ANY DAMAGE, EXPENSE OR OTHER LOSS (WHETHER DIRECT OR INDIRECT) YOU MAY SUFFER ARISING OUT OF OR IN CONNECTION WITH THE [LBMA GOLD PRICE/LBMA SILVER PRICE] OR ANY RELIANCE YOU MAY PLACE UPON IT.”