|
Product Name
|
Gold Futures
|
|
Trading Exchange
|
COMEX
|
|
Symbol Exchange
|
GC + Month Code + Year Code
E.g. February 2009 = GCG9
|
|
Lot Size
|
100 Troy Ounces (1 troy ounce = 1.09714286 ounces)
|
|
Mini Lot Size (0.1 lot)
|
Applicable
|
|
Price Example
|
$824.64
|
|
Minimum Fluctuation
|
$0.01 ($1 per lot)
|
|
Value of Fluctuation (1.0 Lot)
|
$1.00 per 0.01
|
|
Dealing Spread
|
$0.50
|
|
Trading Hours (UK)
|
11:00pm Sunday through to Friday 9:15pm
|
|
Times of ‘Open Outcry’ (UK)
|
1:20pm - 6:30pm
|
|
Trading Breaks (UK)
|
Daily from 10:15pm to 11:00pm
|
|
Trading Months
|
February, April, June, August, October, and December
|
|
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
|
No official limits
|
|
Margin Requirement
|
$1,000
|
|
Limit Order Placement
|
$2.00 from current market price
|
|
Stop Order Placement
|
$2.00 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
February G | April J | June M | August Q | October V | 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.
|
Product Name
|
Silver Futures
|
|
Trading Exchange
|
COMEX
|
|
Symbol Exchange
|
SI + Month Code + Year Code
E.g. March 2009 = SIH9
|
|
Lot Size
|
5000 Troy oz (1 troy ounce = 1.09714286 ounces)
|
|
Mini Lot Size (0.1 lot)
|
Applicable
|
|
Price Example
|
$10.72
|
|
Minimum Fluctuation
|
$0.01
|
|
Value of Fluctuation (1.0 Lot)
|
$50.00 per 0.01
|
|
Dealing Spread
|
$0.04
|
|
Trading Hours (UK)
|
11:00pm Sunday through to Friday 9:15pm
|
|
Times of ‘Open Outcry’ (UK)
|
1:25pm - 6:25pm
|
|
Trading Breaks (UK)
|
Daily from 10:15pm to 11:00pm
|
|
Trading Months
|
March, May, July, September, and December
|
|
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
|
No official limits
|
|
Margin Requirement
|
$1,000
|
|
Limit Order Placement
|
$0.15 from current market price
|
|
Stop Order Placement
|
$0.15 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
March H | May K | July N | September U | 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.
|
Product Name
|
Palladium Futures
|
|
Trading Exchange
|
NYMEX
|
|
Symbol Exchange
|
PA + Month Code + Year Code
E.g. March 2009 = PAH9
|
|
Lot Size
|
100 Troy Ounces (1 troy ounce = 1.09714286 ounces)
|
|
Mini Lot Size (0.1 lot)
|
Applicable
|
|
Price Example
|
$173.50
|
|
Minimum Fluctuation
|
$0.01
|
|
Value of Fluctuation (1.0 Lot)
|
$1.00 per 0.01
|
|
Dealing Spread
|
$5.00
|
|
Trading Hours (UK)
|
11:00pm Sunday through to Friday 9:15pm
|
|
Times of ‘Open Outcry’ (UK)
|
1:30pm - 6:00pm (daily)
|
|
Trading Breaks (UK)
|
Daily from 10:15pm to 11:00pm
|
|
Trading Months
|
March, June, September, and December
|
|
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
|
No official limits
|
|
Margin Requirement
|
$1,000
|
|
Limit Order Placement
|
$2.00 from current market price
|
|
Stop Order Placement
|
$2.00 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
March H | June M | September U | 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.
|
Product Name
|
Platinum Futures
|
|
Trading Exchange
|
NYMEX
|
|
Symbol Exchange
|
PL + Month Code + Year Code
E.g. January 2009 = PAF9
|
|
Lot Size
|
50 Troy Ounces (1 troy ounce = 1.09714286 ounces)
|
|
Mini Lot Size (0.1 lot)
|
Applicable
|
|
Price Example
|
$1,278.4
|
|
Minimum Fluctuation
|
$0.1
|
|
Value of Fluctuation (1.0 Lot)
|
$5.00 per 0.1
|
|
Dealing Spread
|
$5.00
|
|
Trading Hours (UK)
|
11:00pm Sunday through to Friday 9:15pm
|
|
Times of ‘Open Outcry’ (UK)
|
1:20pm - 6:05pm (daily)
|
|
Trading Breaks (UK)
|
Daily from 10:15pm to 11:00pm
|
|
Trading Months
|
January, April, July, and October
|
|
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
|
No official limits
|
|
Margin Requirement
|
$2,000
|
|
Limit Order Placement
|
$2.00 from current market price
|
|
Stop Order Placement
|
$2.00 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 | April J | July N | October V
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.
|
Product Name
|
Copper Futures
|
|
Trading Exchange
|
COMEX
|
|
Symbol Exchange
|
HG + Month Code + Year Code
E.g. January 2009 = HGF9
|
|
Lot Size
|
25,000 pounds (1 pound = 0.4539237 kilograms)
|
|
Mini Lot Size (0.1 lot)
|
Applicable
|
|
Price Example
|
280.93 cents
|
|
Minimum Fluctuation
|
0.01 cent
|
|
Value of Fluctuation (1.0 Lot)
|
$2.50 per 0.01
|
|
Dealing Spread
|
2 cents
|
|
Trading Hours (UK)
|
11:00pm Sunday through to Friday 9:15pm
|
|
Times of ‘Open Outcry’ (UK)
|
1:10pm - 6:00pm
|
|
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
|
No official limits
|
|
Margin Requirement
|
$2,000
|
|
Limit Order Placement
|
$0.06 from current market price
|
|
Stop Order Placement
|
$0.06 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.
Trade CFDs with tight spreads and low margins…