CONTRACT SPECIFICATIONS 2023
The Contract Specifications Table (for Standard Lots) includes information on all trading products available on ICM Brokers trading platform, such as:
- Symbols with the description
- Contract Sizes (Standard Lots)
- Pip Values (Standard Lots)
- Trading Hours and Breaks
- Expiry dates for OTC Futures
Instrument | Description | Contract Size | Spread | Minimum Fluctuation | Pip Value | Orders Level | Margin Requirement |
ES |
eMini S&P 500 |
$50 x Index value |
Market |
0.25 |
$12.50 |
0.5 Points |
View |
NQ |
eMini NASDAQ |
$20 x Index value |
Market |
0.25 |
$5.00 |
0.5 Points |
View |
DJ |
Dow Jones |
$10 x Index value |
Market |
1 |
$10.00 |
10 Points |
View |
Day | Open | Close | Re-Open | Close | Re-Open |
Sunday |
22:00 |
|
|
|
|
Monday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Tuesday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Wednesday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Thursday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Friday |
|
20:15 |
20:30 |
21:00 |
|
Instrument | Description | Contract Size | Spread | Minimum Fluctuation | Pip Value | Orders Level | Margin Requirement |
NK |
Nikkei 225 Futures |
$5 x Index value |
20 |
5 |
$25.00 |
25 Points |
View |
DAX |
DAX Index Futures |
$25 x Index value |
4.5 |
0.5 |
€ 12.50 |
2.5 Points |
View |
CAC |
CAC 40 Index Futures |
$10 x Index value |
3.5 |
0.5 |
€ 5.00 |
2.5 Points |
View |
FT |
FTSE100 Index Futures |
$10 x Index value |
3.5 |
0.5 |
£5.00 |
2.5 Points |
View |
Day | FTSE | DAX | CAC |
Open | Close | | Open | Close | | Open | Close |
Monday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Tuesday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Wednesday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Thursday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Friday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
NIKKEI Trading Hours
Day | Open | Close | Re-Open |
Sunday |
22:00 |
|
|
Monday |
|
21:00 |
22:00 |
Tuesday |
|
21:00 |
22:00 |
Wednesday |
|
21:00 |
22:00 |
Thursday |
|
21:00 |
22:00 |
Friday |
|
21:00 |
|
- All times are GMT
- All above instruments are traded on "Market Execution"
- Market spread
- All pending orders are 'Good till cancelled'
- Slippage on pending orders may occur during high market volatility
- Clients will be notified of expiration and starting schedule for Future CFD contracts via internal mail and/or vide ICM Brokers platform
- Clients will be notified of public holidays via internal mail and/or vide ICM Brokers platform
Instrument | Description | Contract Size | Spread | Minimum Fluctuation | Pip Value | Orders Level | Margin Requirement |
ES |
eMini S&P 500 |
$50 x Index value |
Market |
0.25 |
$12.50 |
0.5 Points |
View |
NQ |
eMini NASDAQ |
$20 x Index value |
Market |
0.25 |
$5.00 |
0.5 Points |
View |
DJ |
Dow Jones |
$10 x Index value |
Market |
1 |
$10.00 |
10 Points |
View |
Day | Open | Close | Re-Open | Close | Re-Open |
Sunday |
22:00 |
|
|
|
|
Monday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Tuesday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Wednesday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Thursday |
|
20:15 |
20:30 |
21:00 |
22:00 |
Friday |
|
20:15 |
|
|
|
Instrument | Description | Contract Size | Spread | Minimum Fluctuation | Pip Value | Orders Level | Margin Requirement |
NK |
Nikkei 225 Futures |
$5 x Index value |
20 |
5 |
$25.00 |
25 Points |
View |
DAX |
DAX Index Futures |
$25 x Index value |
4.5 |
0.5 |
€ 12.50 |
2.5 Points |
View |
CAC |
CAC 40 Index Futures |
$10 x Index value |
3.5 |
0.5 |
€ 5.00 |
2.5 Points |
View |
FT |
FTSE100 Index Futures |
$10 x Index value |
3.5 |
0.5 |
£5.00 |
2.5 Points |
View |
Day | FTSE | DAX | CAC |
Open | Close | | Open | Close | | Open | Close |
Monday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Tuesday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Wednesday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Thursday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
Friday |
08:00 |
20:00 |
00:15 |
21:00 |
07:00 |
21:00 |
NIKKEI Trading Hours
Day | Open | Close | Re-Open |
Sunday |
22:00 |
|
|
Monday |
|
21:00 |
22:00 |
Tuesday |
|
21:00 |
22:00 |
Wednesday |
|
21:00 |
22:00 |
Thursday |
|
21:00 |
22:00 |
Friday |
|
21:00 |
|
- All times are GMT
- All above instruments are traded on "Market Execution"
- Market spread
- All pending orders are 'Good till cancelled'
- Slippage on pending orders may occur during high market volatility
- Clients will be notified of expiration and starting schedule for Future CFD contracts via internal mail and/or vide ICM Brokers platform
- Clients will be notified of public holidays via internal mail and/or vide ICM Brokers platform
Instrument | Description | Contract Size | Spread | Minimum Fluctuation | Pip Value | Orders Level | Margin Requirement |
ES |
eMini S&P 500 |
$50 x Index value |
Market |
0.25 |
$12.50 |
0.5 Points |
$12,000 |
NQ |
eMini NASDAQ |
$20 x Index value |
Market |
0.25 |
$5.00 |
0.5 Points |
$12,000 |
YM |
Mini Dow Jones |
$5 x Index value |
Market |
1 |
$5.00 |
10 Points |
$12,000 |