London Wheat chart

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Details for London Wheat (£100) NOV-21

Dealing

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Minimum size 1

Contract size GBP 100

One Pip means 1 £ per tonne

Value of one Pip GBP 100

Margin 10%

Minimum stop distance 1

Minimum guaranteed stop distance 3

Margin

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Your aggregate position in this market will be margined in the following tiers:

Tier Position size Margin
1 0 - 154.6 Contracts 10%
2 154.6 - 309.2 Contracts 10%
3 309.2 - 463.8 Contracts 10%
4 463.8 + Contracts 10%

If your aggregate position is larger than Tier 1, your margin requirement will not be reduced by non-guaranteed stops.

Please note: we have tried to ensure that the information here is as accurate as possible, but it is intended for guidance only and any errors will not be binding on us.

Expiry

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Expiry date 15/10/21

Last dealing date and time 15/10/21 16:50

Settlement

Settles based on the official settlement price of the LIFFE Wheat future on the last dealing day +/- IG dealing spread.

Rollover

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Last rollover time 15/10/21 16:35

Rollover info

Usually, initial position closed at official closing level of day before last dealing day +/- closing spread; new position in next contract opened at official closing level of the new contract from same day, +/- opening spread.

* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.

* While leverage can amplify profits it also magnifies losses, as both are calculated on the full size of the position, not your initial margin. Always remember to use an effective risk management strategy.

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1For CFDs, based on revenue excluding FX, published financial statements, October 2016; number of active UK financial spread betting accounts (Investment Trends UK Leveraged Trading Report October 2016); for forex based on number of primary relationships with FX traders (Investment Trends UK Leveraged Trading Report October 2016).

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