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Execution Desk

Metals and Energies Spot Contract Specifications

Swap values in points Trading Hours
Symbol Description Typical Spreads in quote
currency per unit
Digits Short Long Monday
Open
Friday
Close
Break
UKOIL.S UK Brent Oil 1.4 2 0 0 3:00:00 23:40:00 Daily 23:55:00 - 03:00:00
USOIL.S US Crude Oil 1.5 2 0 0 1:00:00 23:40:00 Daily 23:55:00  - 01:00:00
NGAS US Natural Gas 1.7 3 0 0 1:00:00 23:40:00 Daily 23:55:00 - 01:00:00
XAGUSD Silver/US Dollar 2.3 3 -0.11 -0.11 1:00:00 23:40:00 Daily 23:55:00  - 01:00:00
XAUEUR Gold/Euro 2.6 2 0 -0.9 1:00:00 23:40:00 Daily 23:55:00  - 01:00:00
XAUUSD Gold/US Dollar 1.6 2 3.7 -11.9 1:00:00 23:40:00 Daily 23:55:00  - 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