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Trop-X Commodity CFD Contract Specifications

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Trop-X Commodity CFD

Contract Specifications

December 2014

These contact specifications may be subject to change. Please refer to market notices or contact us the Head of Markets for more information at [email protected]

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Contents

1. GOLD SPOT CFD TPX ... 3

2. GOLD 10 OZ CFD TPX ... 3

3. SILVER SPOT CFD TPX ... 4

4. SILVER 500 OZ CFD TPX ... 4

5. HIGH GRADE COPPER FUTURES CFD TPX... 5

6. PLATINUM FUTURES CFD TPX ... 5

7. PALLADIUM FUTURES CFD TPX ... 6

8. NATURAL GAS FUTURES CFD TPX ... 6

9. US CRUDE CFD TPX ... 7

10. UK CRUDE CFD TPX ... 7

These contact specifications may be subject to change. Please refer to market notices or contact us the Head of Markets for more information at [email protected]

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GOLD SPOT CFD TPX

CFD Type Commodity

Underlying instrument Gold Spot

Trop-X Symbol GOLD SPT.CFD TPX

Lot Size 1

Min / Max Lot 1 / 10 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. e.g. $ 1345.50 (quoted per ounce)

Tick Size 0.01

Margin Requirement From 1%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

Position Limit To be enforced at the discretion of the Clearing Agency

GOLD 10 OZ CFD TPX

CFD Type Commodity

Underlying instrument Gold

Trop-X Symbol GOLD 100Z.CFD TPX

Lot Size 10

Min / Max Lot 1 / 1 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. e.g. $ 1345.50 (quoted per ounce)

Tick Size 0.1

Margin Requirement From 1%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

(4)

SILVER SPOT CFD TPX

CFD Type Commodity

Underlying instrument Silver Spot

Trop-X Symbol SILVER SPT.CFD TPX

Lot Size 50

Min / Max Lot 1 / 4 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. e.g. $ 17.540 (quoted per ounce)

Tick Size 0.001

Margin Requirement From 1%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

Position Limit To be enforced at the discretion of the Clearing Agency

SILVER 500 OZ CFD TPX

CFD Type Commodity

Underlying instrument Silver

Trop-X Symbol SILVER 500OZ.CFD TPX

Lot Size 500

Min / Max Lot 1 / 400

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. e.g. $ 17.540 (quoted per ounce)

Tick Size 0.001

Margin Requirement From 1%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

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HIGH GRADE COPPER FUTURES CFD TPX

CFD Type Commodity

Underlying instrument High Grade Copper Future

Trop-X Symbol COPPER.CFD TPX

Lot Size 100

Min / Max Lot 1 / 10 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. $ 3.029

Tick Size 0.001

Margin Requirement From 5%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire * contracts will automatically roll-over to the next underlying futures contract month

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

Position Limit To be enforced at the discretion of the Clearing Agency

PLATINUM FUTURES CFD TPX

CFD Type Commodity

Underlying instrument Platinum Future

Trop-X Symbol PLATINUM.CFD TPX

Lot Size 1

Min / Max Lot 1 / 5 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. $ 1341.2

Tick Size 0.1

Margin Requirement From 10%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire * contracts will automatically roll-over to the next underlying futures contract month

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

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PALLADIUM FUTURES CFD TPX

CFD Type Commodity

Underlying instrument Palladium Future

Trop-X Symbol PALLADIUM.CFD TPX

Lot Size 1

Min / Max Lot 1 / 5 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. $ 814.6

Tick Size 0.1

Margin Requirement From 10%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire * contracts will automatically roll-over to the next underlying futures contract month

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

Position Limit To be enforced at the discretion of the Clearing Agency

NATURAL GAS FUTURES CFD TPX

CFD Type Commodity

Underlying instrument Natural Gas Future

Trop-X Symbol NATGAS.CFD TPX

Lot Size 100

Min / Max Lot 1 / 100

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. $ 3.887

Tick Size 0.001

Margin Requirement From 10%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire * contracts will automatically roll-over to the next underlying futures contract month

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

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US CRUDE CFD TPX

CFD Type Commodity

Underlying instrument US Oil

Trop-X Symbol USCRUDE.CFD TPX

Lot Size 10

Min / Max Lot 1 / 10 000

Lot Step 1

Base Currency USD

Settlement Currency USD

Example price as displayed on Trop-X. $ 75.40

Tick Size 0.01

Margin Requirement From 5%

Contract Interest Base Rate IBA OVERNIGHT USD LIBOR Rate

Contract Interest Currency USD

Expiry Commodity CFDs do not expire * contracts will automatically roll-over to the next underlying futures contract month

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

Position Limit To be enforced at the discretion of the Clearing Agency

UK CRUDE CFD TPX

CFD Type Commodity

Underlying instrument UK Oil

Trop-X Symbol UKCRUDE.CFD TPX

Lot Size 10

Min / Max Lot 1 / 10 000

Lot Step 1

Base Currency GBP

Settlement Currency USD

Example price as displayed on Trop-X. 75.40 GBP

Tick Size 0.01

Margin Requirement From 5%

Contract Interest Base Rate IBA OVERNIGHT GBP LIBOR Rate

Contract Interest Currency GBP

Expiry Commodity CFDs do not expire * contracts will automatically roll-over to the next underlying futures contract month

Trading Hours Sunday 22:00 GMT – Friday 20:45 GMT

Break – Time : Daily 21:00 GMT – 22:00 GMT

References

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