Minimum size 0.05
Contract size USD 4
One Pip means 0.01 cents per pound
Value of one Pip USD 4 (GBP 3.18)
Margin 10%
Minimum stop distance 30
Minimum guaranteed stop distance 100
01:00 - 09:00 (Australian - Melbourne Local Time)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 42.5 Contracts - USD | 10% |
| 2 | 42.5 - 85 Contracts - USD | 10% |
| 3 | 85 - 127.5 Contracts - USD | 10% |
| 4 | 127.5 + 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 29/11/24
Last dealing date and time 30/11/24 06:00
Settlement
Settles based on the official settlement price of the CME Lean Hogs future on the last dealing day +/- IG dealing spread.
Last rollover time 30/11/24 05:45
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.
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