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Metals and Energies Trading Details

Rollover Policy
Trading Hours
Execution Desk

Metals and Energies Spot Contract Specifications

Swap values in points Trading Hours
Symbol Description Typical Spreads in quote
currency per unit		 Margin requirement Short Long Monday
Open		 Friday
Close		 Break
UKOIL.S UK Brent Oil 0.05 1.5% -0.7 -2.1 3:00:00 23:44:59 Daily 23:59:59 - 03:00:00
USOIL.S US Crude Oil 0.05 1.5% -0.5 -1.3 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00
XAGEUR Silver/Euro 0.09 1% -0.08 -0.1 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00
XAGUSD Silver/US Dollar 0.03 1% -0.11 -0.11 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00
XAUEUR Gold/Euro 0.49 0.5% -0.4 -0.18 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00
XAUUSD Gold/US Dollar 0.19 0.5% 0.1 -1.09 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00

Metals and Energies Futures Contract Specifications

Swap values in points Trading Hours
Symbol Description Typical Spreads in quote
currency per unit		 Margin requirement Short Long Monday
Open		 Friday
Close		 Break
NGAS US Natural Gas 0.014 50 USD per lot -1.5 -2.0 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00
UKOIL UK Brent Oil 0.03 1% -0.7 -0.5 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00
USOIL US Crude Oil 0.03 1% -1.8 -1.8 1:00:00 23:44:59 Daily 23:59:59 - 01:00:00

Important

  1. Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday. Swaps for XAU and XAG swaps are expressed in pips per 1 lot. For USOil and UKOil are expressed in US Dollars.
  2. Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
  3. During the time period from 23:55 to 00:05 server time increased spreads and decreased liquidity can take place due to daily bank rollover. In case of inadequate liquidity/spreads during bank rollover, widened spreads and excessive slippage may occur. Therefore orders may not be executed during these times.

Calculating Metals and Energies Margin Requirements - Example

Account base currency: USD
Position: Open 10 lots BUY XAUUSD at 1,316.99
1 Lot size: 100 Ounces
Margin requirement: 0.5% of Notional value

Notional value is: 10 * 100 * 1,316.99 = 1,316,990 USD
Margin required is: 1,316,990 USD * 0.005 = 6,584.95 USD


Contract Expiration Dates

Symbol January February March April May June July August September October November December
UK Oil 26/01/2018 23/02/2018 27/03/2018 25/04/2018 28/05/2018 26/06/2018 26/07/2018 31/08/2018 27/09/2018 30/10/2018 29/11/2018 26/11/2018
US Oil 17/01/2018 14/02/2018 15/03/2018 17/04/2018 17/05/2018 15/06/2018 17/07/2018 20/08/2018 18/09/2018 18/10/2018 15/11/2018 17/12/2018
NGAS 24/01/2018 20/02/2018 22/03/2018 23/04/2018 24/05/2018 21/06/2018 24/07/2018 28/08/2018 25/09/2018 26/10/2018 27/11/2018

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