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 |
|---|---|---|---|---|---|---|---|
| GC | OTC Gold Futures | 100 oz. | Market | 0.1 | $10.00 | 50 Cents | View |
| SI | OTC Silver Futures | 5,000 oz. | Market | 0.005 | $25.00 | 5 Cents | View |
| HG | OTC Copper Futures | 25,000 lbs | Market | 0.0001 | $25.00 | 0.5 | View |
| 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
- Gold and Silver futures are subject to daily overnight financing
- 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