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CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved. CFDs are leveraged products. CFD trading may not be suitable for everyone and can result in losses that exceed your deposits, so please ensure that you fully understand the risks involved.

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 0.05

Contract size GBP 25

One Pip means 0

Value of one Pip GBP 25 (SGD 42.27)

Margin 20%

Minimum stop distance 3

Minimum guaranteed stop distance 25

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 20%
2 10.4 - 41.6 Contracts - GBP 20%
3 41.6 - 62.4 Contracts - GBP 20%
4 62.4 + Contracts - GBP 20%

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 17/12/24

Last dealing date and time 17/12/24 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 17/12/24 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.

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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, October 2022)