Where you see a number or letter in brackets in the tables, the corresponding note can be found below.
1. Spreads are subject to variation, especially in volatile market conditions. If the underlying market spread increases significantly, our spread may increase. Plus, large trades may be subject to wider spreads. Learn more here
2.
a) Spread bets on commodity futures are quoted with reference to the equivalent expiry contract on the underlying futures market. We do not apply any weighting or biases to our pricing sources.
b) Spreads are subject to variation, especially in volatile market conditions. Our dealing spreads may change to reflect the available liquidity during different times of day. Our normal spread is shown in the table.
c) Dealing spreads may be offered as a fixed or variable amount. If variable spreads are in use, then the spread shown in this table is the amount of IG spread added to the underlying futures market spread. Any variable dealing spreads are marked with an asterisk (*).
d) Large trades may be subject to wider spreads. Learn more here
3. For Spot Gold and Spot Silver the overnight funding adjustment is based on the tom-next spread including an admin fee of 0.8% per annum. As spot gold and spot silver are DFBs they have an expiry far out in the future.
4. Please note that tiered margins apply; this means that higher deposits may be required for large positions. See our margins page for further details. You can find the tiered margins for each market from the Get Info section in our dealing platform.
5. Live Cattle, Feeder Cattle and Lean Hogs open at 15.05 (London time) on the Monday of a normal business week, and close on Fridays at 19.55 (London time).
6. The market will close early on a Friday at 19.55 (London time). Note that there is a break each day between 22.00 and 23.00 (London time).
7. Iron ore is quoted during the following times: 09:00 – 11:30, 13:30 – 15:00 and 21:00 – 02:30 China Standard Time (GMT +8).
8. For guaranteed stop bets a guaranteed stop premium is charged if your guaranteed stop is triggered. The potential premium is displayed on the deal ticket, and can form part of your margin when you attach the stop. Please note that premiums are subject to change, especially going into weekends and during volatile market conditions.
9. Professional clients are exempt from regulatory limits on leverage in place for retail clients, and are able to trade on lower margins as a result. You can find out more, and check your eligibility, on our professional trading page.
10. US Dollar Basket based on the closing price of the US Dollar Index futures contract on NYBOT on the Friday prior to the third Wednesday of the contract month.
11. We price our US Dollar Basket - Undated contracts with the method used to derive our undated commodity prices. This means that there is a difference between our undated price and the underlying index price on these markets. Funding is also calculated in line with the undated commodity method. For more information see our Commodities page.