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 NZD 100,000
One Pip means 0.01 JPY/NZD
Value of one Pip JPY 1,000 (GBP 7.31)
Minimum stop distance 6
Minimum guaranteed stop distance 10
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 18.96 Contracts||0.75%|
|2||18.96 - 94.78 Contracts||1.5%|
|3||94.78 - 189.55 Contracts||4%|
|4||189.55 + Contracts||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.