Minimum size 0.05
Contract size USD 6
One Pip means 0.01 cents per lb
Value of one Pip USD 6 (GBP 4.77)
Margin 10%
Minimum stop distance 36
Minimum guaranteed stop distance 8.0%
12:00 - 00:45 (Australian - Melbourne Local Time)
01:30 - 06:20 (Australian - Melbourne Local Time)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 50 Contracts - USD | 10% |
| 2 | 50 - 100 Contracts - USD | 10% |
| 3 | 100 - 150 Contracts - USD | 11% |
| 4 | 150 + Contracts - USD | 11.5% |
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 27/12/24
Last dealing date and time 28/12/24 06:15
Settlement
Settles based on the official settlement price of the CBOT Soya Bean Oil future on the last dealing day +/- IG dealing spread.
Last rollover time 28/12/24 06:00
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.
Why IG?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
Other positions taken by clients trading this market
Use this to see how IG client accounts with positions on this market are trading other markets. Data is calculated to the nearest 1%, and updated automatically every 15 minutes.
This is calculated to the nearest 1%.
Discover opportunity in-platform
Discover opportunity in-app
Open a 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:
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 Australia's No.1 provider of CFDs.1
Improve your trading skills by working through interactive courses on the IG Academy app.
1Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.
Interested in opening an account?
Contact 1800 601 799 or newaccounts.au@ig.com
Want to check on your application’s progress?
Email newaccounts.au@ig.com
Have another question?
Browse our Help and Support portal
WhatsApp: Click
here
IG | Sitemap | Terms and agreements | Privacy | How to fund | Vulnerability | Cookies | About IG
