CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money. CFDs are complex financial instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work, and whether you can afford to take the high risk of losing your money.
Minimum size 0.25
Contract size USD 4.20
One Pip means 0.01 cents per gallon
Value of one Pip USD 4.20
Margin 10%
Minimum stop distance 50
Minimum guaranteed stop distance 50
03:00 - 02:00 (Gulf Time Zone)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 14.29 Contracts - USD | 10% |
| 2 | 14.29 - 28.57 Contracts - USD | 10% |
| 3 | 28.57 - 42.86 Contracts - USD | 10% |
| 4 | 42.86 + Contracts - USD | 10% |
If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.
Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.
Expiry date 27/11/24
Last dealing date and time 27/11/24 23:30
Settlement
Settles based on the official closing price of the NYMEX Heating Oil future on the last dealing day +/- IG dealing spread.
Last rollover time 27/11/24 23:15
Rollover info
Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.
Why IG?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
Discover opportunity in-platform
Discover opportunity in-app
Open a free, no-risk demo account to stay on top of commodity movement and important events.
Analyse commodity price action on charts with live and historical data, available for as long as you need
Identify the right time to trade on commodities and more, with free technical signals
Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions
Trade gold, silver and more with continuous charting and no monthly expiries
More from IG:
Find the right account for you; trade and invest forex, shares, indices, commodities and more
*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.**
*Up to 200x leverage applies to Professional IG Limited (UAE) accounts and all IG International Limited accounts.**
Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG.
Discover why so many clients choose us, and what makes us the world's No.1 provider of CFDs.1
Improve your trading skills by working through interactive courses on the IG Academy app.
**IG International Limited is an IG entity based in 16 Burnaby Street, Hamilton HM11, Bermuda and regulated by the Bermuda Monetary Authority.
1Based on revenue (published financial statements, 2023)
New client: 00971 (0) 4 559 2108 or sales.ae@ig.com
Clients: 00971 (0) 4 559 2104
11:00 Saturday - 01:00 Saturday
WhatsApp: Click here
IG | Sitemap | Terms and agreements | Privacy | IG Community | Cookies | Investors
