The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
Minimum size 0.05
Contract size USD 100
One Pip means 1 $ per troy ounce
Value of one Pip USD 100 (GBP 81.02)
Minimum stop distance 8
Minimum guaranteed stop distance 4.0%
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 10.3 Contracts||3%|
|2||10.3 - 20.6 Contracts||6%|
|3||20.6 - 30.9 Contracts||8.57%|
|4||30.9 + Contracts||14.57%|
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 28/08/20
Last dealing date and time 29/08/20 03:00
Settles based on the official closing price of the Palladium futures contract as reported by NYMEX +/- IG dealing spread.
Last rollover time 29/08/20 02:45
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.