Minimum size 0.06
Contract size USD 0.75
One Pip means 0.01 cents per pound
Value of one Pip USD 0.75 (CHF 0.67)
Margin 5%
Minimum stop distance 160
Minimum guaranteed stop distance 8.0%
14:00 - 20:00 (Switzerland)
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 40 Contracts - USD | 5% |
| 2 | 40 - 80 Contracts - USD | 10% |
| 3 | 80 - 120 Contracts - USD | 12.5% |
| 4 | 120 + Contracts - USD | 13.5% |
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 23/12/24
Last dealing date and time 23/12/24 19:30
Settlement
Settles based on the official settlement price of the ICE NYBOT Orange Juice future on the last dealing day +/- IG dealing spread.
Last rollover time 23/12/24 19:15
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
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More from IG Bank:
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1 Based on revenue (published financial statements, 2022)
