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 N/A 1,000
One Pip means 0.01 INR/USD
Value of one Pip USD 10 (SGD 13.53)
Minimum stop distance 40
Minimum guaranteed stop distance 20.0%
Your aggregate position in this market will be margined in the following tiers:
|1||0 - 9.5 Contracts||5%|
|2||9.5 - 19 Contracts||10%|
|3||19 - 38 Contracts||15%|
|4||38 + Contracts||30%|
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.
[Pricing for this pair is based on 1 month forward quotes for the underlying instruments]
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Once again, we see Asia markets head into a moderately lower start, trailing Wall Street with the sense of cautious around US-China trade. The session ahead, however, could be one tracking the FX market with the items to watch.
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