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Code: 36876 Visited: 785 Publish Date: Jan 02 2017 - 10:19
https://goo.gl/X6UCxu
IME
Record-Breaking Futures Contracts for Gold Coins after 4 Years
Tehran, Jan. 02(SENA) – Iran Mercantile Exchange witnessed on Monday, 26th of December 2016, a surge of investors and traders in gold coins futures market which led to an unprecedented record in 4 years with totally 30,821 contracts in five trading symbols.


Tehran, Jan. 02(SENA) – Iran Mercantile Exchange witnessed on Monday, 26th of December 2016, a surge of investors and traders in gold coins futures market which led to an unprecedented record in 4 years with totally 30,821 contracts in five trading symbols.

The last time the number of IME's gold coin futures contracts exceeded 30,000 goes back to September 2012. Futures market for gold coins experienced a 95 percent growth compared to the day before that, increasing to more than 100 million dollars.

Moreover, IME issued 1944 call options contracts on gold coins. The prices 11,000,000, 11,250,000, 11,150,000 and 11,175,000 rials were exercised for 198, 71,346 1nd 329 contracts respectively.

 Also IME traded on the same day 48 Bahar-e-Azadi gold coins in CDRs, a 133 percent growth in comparison to the before it in which the number of traded coins were 36.

 

 
By: Security and Exchange News Agency (SENA)
 
 
 
 
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