Minimum size 0.13
Contract size USD 100
One Pip means 1 $ per tonne
Value of one Pip USD 100 (CHF 89.42)
Margin 2.5%
Minimum stop distance 3
Minimum guaranteed stop distance 2.0%
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 20 Contracts - USD | 2.5% |
| 2 | 20 - 40 Contracts - USD | 4.5% |
| 3 | 40 - 60 Contracts - USD | 5.5% |
| 4 | 60 + Contracts - USD | 5.5% |
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 11/12/24
Last dealing date and time 11/12/24 17:30
Settlement
Settles based on the official closing price of the ICE Gas Oil future on the last dealing day +/- IG dealing spread.
Last rollover time 11/12/24 17:15
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 Bank?
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%.
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More from IG Bank:
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1 Based on revenue (published financial statements, 2022)
