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Home >> Energies

Trading Energy Futures Through CFDs

Crude Oil - Spread, margin, trading hours…
Click here to view product specifications
       
Product Name Light Sweet Crude Oil Futures
Trading Exchange NYMEX
Symbol Exchange CL + Month Code + Year Code
E.g. April 2010 = CLJ0
Lot Size 1,000 US barrels (42,000 gallons)
Mini Lot Size (0.1 lot) Applicable
Price Example $78.34
Minimum Fluctuation $0.01
Value of Fluctuation (1.0 Lot) $10 per 0.01
Dealing Spread $0.06
Trading Hours (UK) 11:00pm Sunday through to Friday 09:15pm
Times of ‘Open Outcry’ (UK) 2:00pm - 7:30pm (daily)
Trading Breaks (UK) Daily from 10:15pm to 11:00pm
Trading Months All months
First Trading Day 3 trading days prior to the expiring contract's settlement date
Last Trading Day Please refer to our website
Limit Up / Limit Down $10.00 per barrel. If a price is reached or traded at this level for 5 minutes then trading is halted for 5 minutes. When trading resumes the limit is expanded by $10 a barrel in either direction. This process would then continuously repeat
Margin Requirement $1,500
Limit Order Placement $0.20 from current market price
Stop Order Placement $0.20 from current market price
Settlement of contract Any positions still open on the last day of trading must be closed out. Alternatively they will be closed out at Citypoint Trading settlement price on the final day of trading. Thus being no physical settlement
Overnight Financing Not Applicable
Shariah Compliant Not Applicable
Monthly Contract Codes
January F | February G | March H | April J | May K | June M | July N | August Q
September U | October V | November X | December Z
Note: These specifications can be subject to change without prior notification due to extreme market conditions and also changes within the relevant exchange. Every effort is however made to ensure a reasonable notification period is given. Citypoint Trading does have an exceedingly good reputation for keeping spreads tight, margins low and offering transparent prices.
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Heating Oil - Spread, margin, trading hours…
Click here to view product specifications
       
Product Name Heating Oil Futures
Trading Exchange NYMEX
Symbol Exchange HO + Month Code + Year Code
E.g. April 2010 = HOJ0
Lot Size 42,000 US gallons
Mini Lot Size (0.1 lot) Applicable
Price Example $1.648
Minimum Fluctuation $0.001
Value of Fluctuation (1.0 Lot) $42 per 0.001
Dealing Spread $0.007
Trading Hours (UK) 11:00pm Sunday through to Friday 09:15pm
Times of ‘Open Outcry’ (UK) 2:00pm - 7:30pm (daily)
Trading Breaks (UK) Daily from 10:15pm to 11:00pm
Trading Months All months
First Trading Day 3 trading days prior to the expiring contract's settlement date
Last Trading Day Please refer to our website
Limit Up / Limit Down $0.25 per gallon ($10,500 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes the limit is expanded by $0.25 per gallon in either direction. This process would then continuously repeat
Margin Requirement $2,000
Limit Order Placement $0.03 from current market price
Stop Order Placement $0.03 from current market price
Settlement of contract Any positions still open on the last day of trading must be closed out. Alternatively they will be closed out at Citypoint Trading settlement price on the final day of trading. Thus being no physical settlement
Overnight Financing Not Applicable
Shariah Compliant Not Applicable
Monthly Contract Codes
January F | February G | March H | April J | May K | June M | July N | August Q
September U | October V | November X | December Z
Note: These specifications can be subject to change without prior notification due to extreme market conditions and also changes within the relevant exchange. Every effort is however made to ensure a reasonable notification period is given. Citypoint Trading does have an exceedingly good reputation for keeping spreads tight, margins low and offering transparent prices.
SKIP TO TOP
Natural Gas - Spread, margin, trading hours…
Click here to view product specifications
       
Product Name Henry Hub Natural Gas Futures
Trading Exchange NYMEX
Symbol Exchange NG + Month Code + Year Code
E.g. April 2010 = NGJ0
Lot Size 10,000 million British thermal units (mmBtu)
Mini Lot Size (0.1 lot) Applicable
Price Example $6.014
Minimum Fluctuation $0.001
Value of Fluctuation (1.0 Lot) $10 per 0.001
Dealing Spread $0.020
Trading Hours (UK) 11:00pm Sunday through to Friday 09:15pm
Times of ‘Open Outcry’ (UK) 2:00pm - 7:30pm (daily)
Trading Breaks (UK) Daily from 10:15pm to 11:00pm
Trading Months All months
First Trading Day 3 trading days prior to the expiring contract's settlement date
Last Trading Day Please refer to our website
Limit Up / Limit Down $3.00 per mmBtu. If a price is reached or traded at this level for 5 minutes then trading is halted for 5 minutes. When trading resumes the limit is expanded by $3.00 per mmBtu in either direction. This process would then continuously repeat
Margin Requirement $1,500
Limit Order Placement $0.10 from current market price
Stop Order Placement $0.10 from current market price
Settlement of contract Any positions still open on the last day of trading must be closed out. Alternatively they will be closed out at Citypoint Trading settlement price on the final day of trading. Thus being no physical settlement
Overnight Financing Not Applicable
Shariah Compliant Not Applicable
Monthly Contract Codes
January F | February G | March H | April J | May K | June M | July N | August Q
September U | October V | November X | December Z
Note: These specifications can be subject to change without prior notification due to extreme market conditions and also changes within the relevant exchange. Every effort is however made to ensure a reasonable notification period is given. Citypoint Trading does have an exceedingly good reputation for keeping spreads tight, margins low and offering transparent prices.
SKIP TO TOP
Brent Crude - Spread, margin, trading hours…
Click here to view product specifications
       
Product Name Brent Crude Oil Futures
Trading Exchange ICE – Intercontinental Exchange
Symbol Exchange CO + Month Code + Year Code
E.g. April 2010 = COJ0
Lot Size 1,000 barrels
Mini Lot Size (0.1 lot) Applicable
Price Example $77.46
Minimum Fluctuation $0.01
Value of Fluctuation (1.0 Lot) $10 per 0.01
Dealing Spread $0.08
Trading Hours (UK) 1:00am Monday through to 09:00pm Friday
Times of ‘Open Outcry’ (UK) N/A
Trading Breaks (UK) Daily from 11:00pm to 01:00am
Trading Months All months
First Trading Day 3 trading days prior to the expiring contract's last trading day
Last Trading Day Please refer to our website
Limit Up / Limit Down No official limits
Margin Requirement $1,500
Limit Order Placement $0.30 from current market price
Stop Order Placement $0.30 from current market price
Settlement of contract Any positions still open on the last day of trading must be closed out. Alternatively they will be closed out at Citypoint Trading settlement price on the final day of trading. Thus being no physical settlement
Overnight Financing Not Applicable
Shariah Compliant Not Applicable
Monthly Contract Codes
January F | February G | March H | April J | May K | June M | July N | August Q
September U | October V | November X | December Z
Note: These specifications can be subject to change without prior notification due to extreme market conditions and also changes within the relevant exchange. Every effort is however made to ensure a reasonable notification period is given. Citypoint Trading does have an exceedingly good reputation for keeping spreads tight, margins low and offering transparent prices.
SKIP TO TOP
Trade CFDs with tight spreads and low margins…
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The nature of investments and trading that underlying customers can undertake through Citypoint Trading as agent may present a material and higher level of risk for financial return and loss. All underlying customers and investors should ensure any queries or concerns as to suitability with their personal investment circumstances and needs are always fully consulted in the first instance with their own independent financial adviser. In particular, trading in products on margin carries a high level of risk and is not suitable for all investors. All trading positions will carry some level of risk, but the requirements and high degree of leverage involved can result in some or all of your initial investment or total trading liability under contract being lost. Even certain orders e.g. placing pending orders on a 'stop loss' basis, will not necessarily limit or restrict your level of loss or exposure and may even be impossible to execute in volatile market conditions. All investors need to be fully aware of all risks associated with their own trading activity, having careful consideration to their own risk appetite, investment objectives and level of experience.

Citypoint Trading does not provide advice nor manage with any discretion. The products and services supported by Ciytpoint Trading may also be of a higher risk nature, and any investors who are unsure of their investment and trading decisions and activity should contact their own independent financial adviser.

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