The percentage of IG client accounts with positions in this market that are currently long or short. Calculated to the nearest 1%.
CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money. CFDs are complex instruments. You can lose your money rapidly due to leverage. Please ensure you understand how this product works and whether you can afford to take the high risk of losing money.
Minimum size 0.50
Contract size USD 1.10
One Pip means 1 cents per 1000 board feet
Value of one Pip USD 1.10
Minimum stop distance 400
Minimum guaranteed stop distance 8.0%
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 36.36 Contracts||3%|
|2||36.36 - 72.73 Contracts||6%|
|3||72.73 - 109.09 Contracts||9%|
|4||109.09 + Contracts||25%|
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 31/08/22
Last dealing date and time 01/09/22 00:05
Settles based on the official settlement price of the CME Lumber future on the last dealing day +/- IG dealing spread.
Last rollover time 31/08/22 23:50
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.
No Controlled Risk
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%.
Discover opportunity in-platform
Discover opportunity in-app
Open a free, no-risk 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
Gold outlook points to further range trading while Brent crude oil pauses its ascent and lumber drops to nine-month lows.
The outlook on WTI and natural gas remains bullish while that of lumber is bearish.
The outlook for gold remains bullish as Brent crude oil and lumber slide.
The outlook on gold and Brent crude oil remains bullish while the price of lumber is in...
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 the world's No.1 provider of CFDs.1
Improve your trading skills by working through interactive courses on the IG Academy app.