Spread Betting Bonds - Futures
| Bond | Symbol | Spread | IM Factor (Margin Req) | Trading Hours | Contract Months | Last Dealing Day | Basis of Settlement | Min/ Max Size | † Tick Factor | Example Price | Last Update |
| Euro Bund | FGBLxx | 0.03 (i.e. 3 with trade per 0.01) | 2% | UK 7:00 - 21:00 Local 8:00 - 22:00 | Mar, Jun, Sep, Dec | 3 trading days prior to 10th calendar day of contract month until 17:15 CET | EUREX official settlement price on GFTs last day of dealing | 1 / 500 | 0.01 | 123.83 | 1/8/2010 |
| Euro-BOBL | FGBMxx | 0.015 (i.e. 3 with trade per 0.005) | 2% | UK 7:00 - 21:00 Local 8:00 - 22:00 | Mar, Jun. Sep, Dec | 3 trading days prior to 10th calendar day of contract month until 17:15 CET | EUREX official settlement price on GFTs last day of dealing | 1 / 500 | 0.005 | 116.545 | 1/8/2010 |
| Euro-Schatz | FGBSxx | 0.01 (i.e. 2 with trade per 0.005) | 2% | UK 7:00 - 21:00 Local 8:00 - 22:00 | Mar, Jun. Sep, Dec | 3 trading days prior to 10th calendar day of contract month until 17:15 CET | EUREX official settlement price on GFTs last day of dealing | 1 / 500 | 0.005 | 108.305 | 1/8/2010 |
| Japan Government Bonds Futures | JGBxx | 0.08 (i.e. 8 with trade per 0.01) | 2% | 09:00 - 11:00; 12:30 - 15:00 JST | Mar, Jun, Sep, Dec | One business day preceding the Last Trading Day of the Tokyo Stock Exchange 10-year JGB Futures of the expiring contract month | Official Opening Price of the Tokyo Stock Exchange 10-year JGB Futures for the same contract month as conducted on the business day following GFTs last day of trading. (This Basis of Settlement is also the Final Settlement Price used by the corresponding mini-10 year JGB Futures.) | 1 / 500 | 0.01 | 137.63 | 8/5/2009 |
| UK Gilt | FLGxx | 0.03 (i.e. 3 with trade per 0.01) | 2% | 8:00 - 18:00 UK Time | Mar, Jun, Sep, Dec | 3rd last business day of preceding month until 16:15 London Time | Euronext.LIFFE official settlement price on GFTs last day of dealing | 1 / 500 | 0.01 | 108.305 | 1/8/2010 |
| US 10 YR Treasury Note (decimalised) | TYxx | 0.06 (i.e. 6 with trade per 0.01) | 2% | 17:30 - 16:00 ET-1 | Mar, Jun, Sep, Dec | 3rd last business day of preceding month until 14:00 ET-1 | CBOT official settlement price on GFTs last day of dealing | 1 / 500 | 0.01 | 124.27 | 1/8/2010 |
| US 2 YR Treasury Note (decimalised) | TUxx | 0.06 (i.e. 6 with trade per 0.01) | 2% | 17:30 - 16:00 ET-1 | Mar, Jun, Sep, Dec | 3rd last business day of preceding month until 14:00 ET-1 | CBOT official settlement price on GFTs last day of dealing | 1 / 500 | 0.01 | 108.93 | 1/8/2010 |
| US 5 YR Treasury Note (decimalised) | FVxx | 0.06 (i.e. 6 with trade per 0.01) | 2% | 17:30 - 16:00 ET-1 | Mar, Jun, Sep, Dec | 3rd last business day of preceding month until 14:00 ET-1 | CBOT official settlement price on GFTs last day of dealing | 1 / 500 | 0.01 | 118.81 | 1/8/2010 |
| US T-Bond (decimalised) | USxx | 0.06 (i.e. 6 with trade per 0.01) | 2% | 17:30 - 16:00 ET-1 | Mar, Jun, Sep, Dec | 3rd last business day of preceding month until 14:00 ET-1 | CBOT official settlement price on GFTs last day of dealing | 1 / 500 | 0.01 | 129.57 | 1/8/2010 |
† Tick Factor = the price increment representing 1 whole betting unit, by which P&L and both initial and variation margin is calculated. The Notional Value of your bet is Price*Stake/Tick Factor
Minimum / Maximum Bet Sizes
These vary according to underlying liquidity, market conditions and whether the underlying market is classed as being quoted by Accendo Financial Markets as “out of hours”, i.e. outside of the regular trading hours of the underlying exchange or market.
The market information sheets indicate the usual minimum and maximum bet sizes in GBP; currency equivalents apply for non-GBP accounts.
Restrictions may be applied to maximum bet sizes whether opening or closing.
The minimum stake for all markets with Accendo Financial Markets is £1 (or currency equivalent). The lot size of the corresponding underlying market is provided for your information, as a guide to underlying market trading size.
Trading Hours
Times shown are Accendo Financial Markets' usual times for trading a market and are basis GMT unless otherwise stated; these may vary e.g. on market holidays and where daylight saving applies.
Our normal dealing hours are from 22:00 Sunday to 22:00 on Friday.
Spreads
The spreads shown may vary according to underlying market liquidity, or in “fast markets”.
Accendo Financial Markets is a trading name of GFT Global Markets UK Ltd, Subsidiary of Global Futures & Forex, Ltd.
Registered in England and Wales, Company Number 5394757, Authorized and Regulated by FSA.