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CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
CFDs are complex instruments. 72% of retail client accounts lose money when trading CFDs, with this investment provider. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.

Short Sterling

(SON3=)

Short Sterling chart This market's chart. This is a visual representation of the price action in the market, over a certain period of time. You can use this to help gauge a market’s performance.

  • Costs and details
  • Related markets

Minimum size 1

Contract size GBP 25

One Pip means 0

Value of one Pip GBP 25 (USD 31.45)

Margin 0.25%

Minimum stop distance 3

Minimum guaranteed stop distance 2.0%

15:30 - 02:00 (Singapore Local Time)

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 10.4 Contracts - GBP 0.25%
2 10.4 - 41.6 Contracts - GBP 0.5%
3 41.6 - 62.4 Contracts - GBP 1.5%
4 62.4 + Contracts - GBP 2%

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 18/03/25

Last dealing date and time 18/03/25 19:00


Settlement


Settles based on the Exchange Delivery Settlement Price (EDSP) of the Short Sterling futures on LIFFE +/- IG dealing spread.

Last rollover time 18/03/25 18:45


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?

Wide selection of bonds and rates

Off-exchange, so you can deal in fractions

Easy-to-use dealing platform and apps

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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Reuters news feed

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Three types of alert

Be notified when a market changes an amount, hits a level or fulfils your technical conditions

Economic calendar

Plan your trades around the macroeconomic events affecting bonds and rates, with customisable alerts to remind you ahead of time

Spot markets

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Reuters news feed

Three types of alert

Economic calendar

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1 Based on revenue (published financial statements, October 2023)