Commodities: Contract Details
Our Commodity contracts offer exposure to changes in commodity prices. All our contracts expire at specified forward dates and are cash settled; we quote you our own bid/offer spread based on the underlying commodity price. Based on the underlying market, spreads may vary to those specified in the Contract Details.
For ease of navigation, this section is divided into two parts: Soft Commodities, and Other Commodities.
Note: We offer mini versions of our Commodity Forward contracts at 20% or 50% of the main contract size and margin. Please see Note 7 for more information.
Soft commodities - standard contracts
| Contract and dealing hours(Local time) | Value of one contract (per full point) | Normal spread | Ltd Risk premium | Margin Requirement (per contract) | Contract months and last dealing day |
|---|---|---|---|---|---|
| London Cocoa London 09.30-16.50 |
£10 | 4 | 4 | £1000 | Mar, May, Jul, Sep, Dec 3rd Fri. or prev. bus. day of prev. month |
| US Cocoa New York 01.30-15.15 |
US$10 | 10 | 6 | US$2660 | Mar, May, Jul, Sep, Dec 2nd Fri. or prev. bus. day of prev. month |
| Coffee Robusta London 08.00-17.30 |
$5 | 6 | 6 | US$830 | Jan, Mar, May, Jul, Sep, Nov Last bus. day of prev. month |
| Coffee Arabica New York 01.30-15.15 |
US$3.75 | 60 | 20 | US$4901.25 | Mar, May, Jul, Sep, Dec 2nd Fri. or prev. bus. day of prev. bus. month |
| Orange Juice New York 07.00-15.15 |
US$1.5 | 40 | 20 | US$1890 | Jan, Mar, May, Jul, Sep, Nov Last bus. day of prev. month |
| Sugar No.11 World New York 01.30-15.15 |
US$11.20 | 6 | 12 | US$1545.60 | Mar, May, Jul, Oct Last bus. day of prev. month |
| Sugar No. 5 London 09.45-17.30 |
$50 | 1 | 0.8 | US$1500 | Mar, May, Aug, Oct, Dec 1st Fri. or prev. bus. day of prev. month |
| US Cotton New York 01.30-15.15 |
US$5 | 30 | 15 | US$4900 | Mar, May, Oct, Jul, Dec 2nd Fri. or prev. bus. day of prev. month |
| Lumber Chicago 09.00-13.05 |
US$1.10 | 160 | 80 | US$1650 | Jan, Mar, May, Jul, Sep, Nov 3rd Fri. or prev. bus. day of prev. month |