High: 32550.0
Low: 32550.0
Minimum size 0.05
Contract size USD 1
One Pip means 1 cents per tonne
Value of one Pip USD 1 (GBP 0.76)
Margin 10%
Minimum stop distance 240
Minimum guaranteed stop distance 8.0%
10:00 - 22:45 (Australian - Melbourne Local Time)
23:30 - 04:20 (Australian - Melbourne Local Time)
Your aggregate position in this market will be margined in the following tiers:
Tier | Position size | Margin |
1 | 0 - 40 Contracts - USD | 10% |
2 | 40 - 80 Contracts - USD | 10% |
3 | 80 - 120 Contracts - USD | 10% |
4 | 120 + 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 30/12/24
Last dealing date and time 31/12/24 04:15
Settlement
Settles based on the official settlement price of the CBOT Soya Bean Meal future on the last dealing day +/- IG dealing spread.
Last rollover time 31/12/24 04:00
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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