Contrac Specifications
The table below shows the 2 CFD specifications for oil futures. Oil futures are one of the most highly liquid trade tools at the stock market.
CFD or contract for price difference (Contract For Difference) is an agreement, it is a guaranteed obligation between two sides on the transfer of the price difference between the current price and the price at the end of the agreement. Often the end date of the agreement is not set, and the agreement can be stopped by the request of only one side that has this right.
The time schedule for CFD oil futures trading session for 5 days Monday through Friday.
The trade starts at 00.00.00 am and ends at 11.59.59 pm trade server time.
During the trade time, U.S.B. Broker clients can get the support for any difficulty level.
-
Symbol
Instrument’s Full Name
Spread*
SWAP**
Stop Level***
Commission****
Short
Long
BRENT
Brent Crude Oil Futures
16
-
-
0
$10
WTI
WTI Crude Oil Futures
16
-
-
0
$10
CORN
Corn Futures
195
-
-
0
$10
NATGAS
Natural Gas Futures
25
-
-
0
$10
SOY
Soybeans Futures
195
-
-
0
$10
SUGAR
Sugar Futures
5
-
-
0
$10
WHEAT
Wheat Futures
195
-
-
0
$10
* - expressed in points the fixed difference between the quotations ASK and BID
** - funds that are written off or transferred the next day for the rollover. The size of the swap depends on the difference of the interest rates of the Central Banks of the countries whose currencies take part in the transaction, and also on the size of the transaction (Sell/Buy). The swap writing off or transferring takes place at the last minute of the trade day server's time (23.59 till 00.00) (11.59 pm to 00.00am). On the night from Wednesday to Thursday the size of the swap written off or transferred is tripled. Not available with these tools.
*** - the points level when all set aside orders will be rejected with the notice “ Error Stop Level”.
NB! In case of an important news release, the Stop Level value might be increased to ten times of the Spread, i.e. if the Spread is 5 points then the Stop Level will be 50 points.
**** - commission which is charged in US dollars with the opening of a position.
-
Symbol
Instrument’s Full Name
Spread*
SWAP**
Stop Level***
Commission****
Short
Long
BRENT
Brent Crude Oil Futures
16
-
-
0
$10
WTI
WTI Crude Oil Futures
16
-
-
0
$10
CORN
Corn Futures
195
-
-
0
$10
NATGAS
Natural Gas Futures
25
-
-
0
$10
SOY
Soybeans Futures
195
-
-
0
$10
SUGAR
Sugar Futures
5
-
-
0
$10
WHEAT
Wheat Futures
195
-
-
0
$10
* - expressed in points the fixed difference between the quotations ASK and BID
** - funds that are written off or transferred the next day for the rollover. The size of the swap depends on the difference of the interest rates of the Central Banks of the countries whose currencies take part in the transaction, and also on the size of the transaction (Sell/Buy). The swap writing off or transferring takes place at the last minute of the trade day server's time (23.59 till 00.00) (11.59 pm to 00.00am). On the night from Wednesday to Thursday the size of the swap written off or transferred is tripled. Not available with these tools.
*** - the points level when all set aside orders will be rejected with the notice “ Error Stop Level”.
NB! In case of an important news release, the Stop Level value might be increased to ten times of the Spread, i.e. if the Spread is 5 points then the Stop Level will be 50 points.
**** - commission which is charged in US dollars with the opening of a position.
