Test 7
Test 7 snippet
EU Gasoline Time Spread
Contract Details
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | EU Gasoline Time Spread |
| MT5 Trader Code | EU_Gasoline |
| Contract Classification | Commodity Time Spread CFD |
| Geographical Region | Europe |
Contract Specification
| Sector | Energy |
| Tenor Period | Month/Month |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 100 |
| Contract Unit | mt |
| Price Digits | 2 |
| Currency | USD |
| Value of Tick | 0.01 per 1 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | 12:00pm on final trading day |
| Last Trading Day (for new open positions) | The Contract Expiry Date of the relevant Tenor Period |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 7:30am - 6:00pm (UK Time) |
| Quoting Hours | 7:30am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Any positions left open after the last dealing time will be automatically rolled over into next tenor period |