Minimum size 0.50
Contract size USD 100
One Pip means 1 $ per tonne
Value of one Pip USD 100
Margin 2.5%
Minimum stop distance 1.50
Minimum guaranteed stop distance 5
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 12/12/24 00:30
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 12/12/24 00:15
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.
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1Based on revenue (published financial statements, October 2023)
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