Minimum size 0.06
Contract size GBP 1
One Pip means 0.1 GBp/therm
Value of one Pip GBP 1 (CHF 1.12)
Margin 2.5%
Minimum stop distance 10
Minimum guaranteed stop distance 1.0%
Your aggregate position in this market will be margined in the following tiers:
| Tier | Position size | Margin |
| 1 | 0 - 895 Contracts - GBP | 2.5% |
| 2 | 895 - 1790 Contracts - GBP | 2.5% |
| 3 | 1790 - 2685 Contracts - GBP | 2.5% |
| 4 | 2685 + Contracts - GBP | 2.5% |
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 27/11/24
Last dealing date and time 27/11/24 17:59
Settlement
Settles based on the official settlement price of the ICE UK Natural Gas future on the last dealing day +/- IG dealing spread. Settlement window: 16:05-16:15 London Local Time.
Last rollover time 26/11/24 17:59
Rollover info
Usually, initial position closed at official settlement level of day before last dealing day +/- closing spread; new position in next contract opened at official settlement level of the new contract from same day, +/- opening spread. Settlement window: 16:05-16:15 London Local Time.
No Controlled Risk
Online trading offered from 08:01 UK time
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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1 Based on revenue (published financial statements, 2022)
