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Minimum size 0.25
Contract size USD 2.50
One Pip means 0.01 of a cent per pound
Value of one Pip USD 2.50
Minimum stop distance 40
Minimum guaranteed stop distance 130
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 164 Contracts||4%|
|2||164 - 328 Contracts||8%|
|3||328 - 492 Contracts||12%|
|4||492 + Contracts||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 15/02/19
Last dealing date and time 15/02/19 23:15
Settles based on the official settlement price of the ICE NYBOT Cotton future on the last dealing day +/- IG dealing spread.
Last rollover time 15/02/19 23:00
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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