Bonds Contract Specifications

Swap values in margin currency Trading Hours
Symbol Description Typical Spreads in quote
currency per unit
Margin requirement Short Long Monday
Open
Friday
Close
Break
EUBUND.F Euro Bund 0.05 2% 0.0 0.0 10:02:00 23:54:59 -
UKGILT.F UK Gilt 0.05 2% 0.0 0.0 10:02:00 19:54:59 -
US10YR.F US 10-year Treasury Note 0.08 2% 0.0 0.0 1:02:00 23:54:59 Daily 23:59:59 - 01:00:00

Important

  1. Swaps values may be adjusted daily based on market conditions and rates provided by our Price Provider applicable to all open positions. Triple swaps are applied every Wednesday.
  2. Server Times: Winter: GMT+2 and Summer: GMT+3 (DST) (last Sunday of March and ends last Sunday of October).
  3. All Pending Orders will be force closed during market breaks. In case any order is left pending, it will be automatically deleted after the daily market closure time.
  4. The execution of new orders for Bond instruments is subject to company's risk management procedures. The opening of market and pending orders might face temporary rejections.
  5. The availability for trading on CFDs on Bonds is subjected to the client's appropriateness assessment status.

Calculating Bonds Margin Requirements - Example

Account base currency: USD
Position: Open 1 lot SELL EUBUND.F at 159.17
1 Lot size: 100 shares
Margin requirement: 2% of Notional Value

Notional value is: 1 * 100 * 159.17 = 15,917 EUR

Margin required is:   15,917 EUR * 0.02 = 318.34 EUR
  318.34 * 1.1720 (EURUSD rate) = 373.09 USD

Bonds Contract Expiration Dates

Symbol January February March April May June July August September October November December
EUBUND.F 07/03/2018 06/06/2018 04/09/2018
UKGILT.F 26/02/2018 29/05/2108 29/08/2018
US10YR.F 27/02/2018 30/05/2018 30/08/2018

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