High Grade Copper

(CPPR)

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CFD: DEC-18 Standard

Details for High Grade Copper ($2.50) DEC-18

Dealing

Minimum size 0.05

Contract size USD 2.50

One Pip means 0.01 cents per pound

Value of one Pip USD 2.50 (SGD 3.44)

Margin 20%

Minimum stop distance 50

Minimum guaranteed stop distance 50

Market hours

06:00 - 05:00 (Singapore Local Time)

Margin

Your aggregate position in this market will be margined in the following tiers:

Tier Position size Spread
1 0 - 98 Contracts 20%
2 98 - 196 Contracts 20%
3 196 - 294 Contracts 20%
4 294 + Contracts 20%

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

Expiry date 29/11/18

Last dealing date and time 30/11/18 01:00


Settlement


Settles based on the official closing price of the High Grade Copper futures contract as reported by COMEX +/- IG dealing spread.

Rollover

Last rollover time 30/11/18 00:45


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.

Special info

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