Minimum size 0.05
Contract size USD 50
One Pip means 1 cents per bushel
Value of one Pip USD 50 (GBP 40.19)
Margin 10%
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 - 92.7 Contracts - USD | 10% |
| 2 | 92.7 - 185.4 Contracts - USD | 10% |
| 3 | 185.4 - 278.1 Contracts - USD | 10% |
| 4 | 278.1 + Contracts - USD | 15% |
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 26/04/24
Last dealing date and time 27/04/24 04:15
Settlement
Settles based on the official settlement price of the CBOT Oats future on the last dealing day +/- IG dealing spread.
Last rollover time 27/04/24 04:00
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?
Gold spreads from just 0.3 points
Continuous, backdated commodity charting
Wide range of energies, metals and softs
Discover opportunity in-platform
Discover opportunity in-app
Open a demo account to stay on top of commodity movement and important events.
Analyse commodity price action on charts with live and historical data, available for as long as you need
Identify the right time to trade on commodities and more, with free technical signals
Be notified when a commodity changes an amount, hits a level or fulfills your technical conditions
Trade gold, silver and more with continuous charting and no monthly expiries
More from IG:
Gold spreads from 0.3 points, continuous charting and greater profit and loss transparency. Find out more about why you should trade commodities with IG.
Discover why so many clients choose us, and what makes us Australia's No.1 provider of CFDs.1
Improve your trading skills by working through interactive courses on the IG Academy app.
1Number 1 in Australia by primary relationships, CFDs & FX, Investment Trends November 2023 Leveraged Trading Report.
