SPREADS AND MARGIN

FOREX SPREADS AND MARGIN REQUIREMENT

Spread is essentially the difference between the bid and the ask price. As traders always trade one currency for another, forex currencies are always quoted in terms of what the price is currently compared to another. Refer to our Spread list for all FX,Commodities and Indices.

Product Sybl Months Margin Spread
Metal Gold GC GJMQVZ 2000 50
Silver SI HKNUZ 4000 40
Copper HG FHKNUZ 3000 50
Platinum PL FJNV 3000 60
Energy Crude Oil CL all months 3000 50
Natural Gas NG all months 3000 40
Indices E-DJIA YM HMUZ 2500 8
E-S&P ES HMUZ 2500 75
E-NASDAQ NQ HMUZ 2500 75
DJIA ZD HMUZ 5000 8
S&P SP HMUZ 12500 75
NASDAQ ND HMUZ 8750 75
Currency Euro EC HMUZ 1500 2
British Pound BP HMUZ 1500 3
Japanese Yen JP HMUZ 1500 3
Canadian Dollar CD HMUZ 1500 4
Aussie Dollar AD HMUZ 1500 3
New Zealand $ ZD HMUZ 1500 6
Swiss Frank SF HMUZ 1500 4
Dollar INDEX DX HMUZ 1500 30
Agricom Coffe KC HKNUZ 1000 30
Soyabeans S FHKNQUX 1000 200
Wheat ZW HKNUZ 1500 50
Corn ZC FHKNQUVZ 1000 10
Sugar 11 SB HKNVZ 1000
Oats ZO 1000 12
Lumber 1000 50
Cotton 1000
Soyabeans Oil ZL 1000
SPOT FX AUD/USD 1000 5
EUR/CHF 1000 5
EUR/GBP 1000 3
EUR/JPY 1000 5
EUR/USD 1000 2
GBP/JPY 1000 7
GBP/USD 1000 3
GBP/CHF 1000 7
GBP/CAD 1000 8
USD/CAD 1000 4
USD/CHF 1000 3
USD/JPY 1000 3
NZD/USD 1000 5
AUD/NZD 1000 10
EUR/AUD 1000 8
EUR/ZND 1000 12
EUR/CAD 1000 10
AUD/JPY 1000 6
AUD/CAD 1000 8
AUD/CHF 1000 6
NZD/JPY 1000 8
CHF/JPY 1000 5
CAD/JPY 4000 60
XAU 2000 50

Contract Months


Contract months are identified by a month code abbreviation which identifies the month in which a futures contract expires. Also called the delivery month. As an example Silver Futures trade five contracts per year (Mar, May, Jul, Sep, Dec). Using the month codes, the symbol for March is “H” (“K” for May, “N” or July, “U” for September, and “Z” for December). To define the specific symbol, combine the commodity symbol (SI) with the month code (H) for “SIH”. To refer to a specific year for the March Silver contract, simply add the year. SIH11 then referes to the March, 2011 contract.

Month Abbr Abbr
Janurary F D
February G E
March H I
April J L
May K O
June M P
July N T
August Q R
September U B
October V C
November X W
December Z Y

The first column is the symbol for the first year while the second column is the symbol for the second year.