What is the London Silver unit

　　 London Silver is an electronic silver investment method , It is named after the London Silver from England , Ordinary investors need help through the trading platform , To enter this market . But it is different from the familiar investment varieties in China , There are many differences in the trading process of London Silver , We need to pay attention .

　　 The first thing to remind everyone is , London Silver is measured in ounces , And here ounces refer to troy ounces ,1 An ounce is approximately equal to 31.1035 g . Besides , London Silver is denominated in US dollars , So a complete London Silver offer would be 18.41 dollar / Per ounce , Accurate to three decimal places .

 

　　 In addition, it should be noted that , London Silver is not traded on an ounce by ounce basis 、 Trading on an ounce by ounce basis , Trading platforms in Hong Kong usually take the number of hands as the trading unit , The standard contract size is 5000 Oz. , By simple calculation , That's about 15.5 Kilograms of silver . But investors don't have to deal with the whole thing , You can also do 0.1 hand , Even the lowest 0.01 An integral multiple of the hand .

　　 As the Bank of London used the margin trading system in the trading process , This system allows investors not to pay the full value of the contract , You can have the trading right of the whole contract , In other words, with a small amount of money , Leverage large investments , Fully improve their own capital utilization rate and final return rate .
　　 at present , The proportion of London Silver margin trading allowed by Hong Kong regular platforms for small and medium-sized investors is 2%, In this proportion , If investors choose full position operation , The leverage used is 50 times , In other words, investors' profits and losses , It will be magnified by the existence of lever 50 times , To put it another way , Investors only need to pay 100 The price of an ounce of silver , You can buy and sell 5000 Ounce Silver contract . The reason why London Silver can achieve this effect , It is completely because the trading platform gives investors certain capital authority , Make the trading process more efficient !