Equityworld Futures - Transaction Illustration

PT. Equityworld Futures merupakan salah satu anggota Bursa Berjangka Jakarta (Jakarta Futures Exchange) yang resmi berdiri pada tahun 2005. Perusahaan telah berkembang pesat seiring meningkatnya minat masyarakat untuk berinvestasi di produk-produk finansial.

The calculation formula Transaction:

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

Description :

 

  • 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.

  • Commission Fee (commission fee): $ 15 per lot per side (buy or sell).

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

  • VAT (Value Added Tax / VAT): 10% of the commission fee is US $ 1.5 / lot / side.
    VAT total cost of US $ 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 $ 10 + VAT) xn Lot]
P / L = [(24700-24600) x $ 5 x 2 lot] - [(US $ 30 + $ 3) x 2 lots]
P / L = (100 points x $ 5 x 2 lots) - (US $ 33 x 2)
P / L = US $ 1000 - US $ 66
P / L = US $ 934 (net profit)


Example 2
Investors predict a Hang Seng 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) x 1 lot]
P / L = (- 50 points x $ 5 x 1 lot) - (US $ 33 x 1 lot)
P / L = - $ 250 - US $ 33
P / L = - $ 283 (net loss)

 

Overnight Transactions Example:

Example 3
An investor expects the Nikkei 225 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) x 2 lots]
P / L = (200 points x $ 5 x 2 lots) - (US $ 33 x 2 lots)
P / L = US $ 2,000 - US $ 66
P / L = US $ 1,934 (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 $ 1,934
Roll over fee ($ 2 x 2 lots x 2 nights) = $ 8 (-)
Investors net profit = US $ 1,926

 

Rumus Perhitungan Transaksi : The calculation formula Transaction:

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) x 2 lots]
P / L = (US $ 15.00 x 100 x 2 lots) - (US $ 33 x 2 lots)
P / L = US $ 3,000 - US $ 66
P / L = US $ 2,934 (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 $ 2,934
Roll over fee ($ 5 x 2 lots x 1) = US $ 10 (-)
Investors net profit = US $ 2,924 or US $ 29.24 million (fixed rate US $ 1 = US $ 10,000.00)

 

 

 

KODE & JENIS KONTRAK CODE & TYPE OF CONTRACT

 

 CONTRACT CODE

BASIC

CATEGORY

TYPE OF CONTRACT

GU1010_BBJ

GBP/USD

DIRECT

Scroll contract Daily Price Spot Great Britain Pound Sterling (GBP) against the US Dollar (USD)

EU1010_BBJ

EUR/USD

DIRECT

Scroll contracts Daily Spot Price Euro (EUR) against the US Dollar (USD)

AU1010_BBJ

AUD/USD

DIRECT

Scroll contracts Daily Spot Price Australian Dollar (AUD) to US Dollar (USD)

UC1010_BBJ

USD/CHF

INDIRECT

Scroll contracts Daily Spot Price US Dollar (USD) against the Swiss Franc (CHF)

UJ1010_BBJ

USD/JPY

INDIRECT

Scroll contracts Daily Spot Price US Dollar (USD) against Japanese Yen (JPY)

 

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) x 2 Lot]

 

P / L = 0.0010 x 100,000 x 2 - [(US $ 33) x 2 lots)

 

P / L = USD134

 

Customer benefit of USD134.

 

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) x 2 Lot]

 

P / L = -0.0005 x 100,000 x 2 - [(US $ 33) x 2 lots)

 

P / L = -USD166

 

Customer gets a loss of USD166.

  1. 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) x 1 Lot ]

P / L = 0.0007834 x 100,000 x 1 - [(US $ 33) x 1 lot)

 

P / L = USD45.34

 

Customer gets a profit of USD45.34.

 

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) x 1 Lot ]

 

P / L = -0.0006844 x 100,000 x 1 - [(US$ 33) x 1 lot )]

 

P / L = -USD101.44

 

Customer gets a loss of USD101.44.