Test 7
Test 7 snippet
UK Diesel Pump Price Perpetual
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 | UK Diesel Pump Price Perpetual |
| MT5 Trader Code | UK_Diesel_PumpPrice_Perp |
| Contract Classification | Commodity CFD |
| Geographical Region | Europe |
Contract Specification
| Sector | Energy |
| Tenor Period | Perpetual |
| Maximum Forward Tenor | Perpetual |
| Contract Size | 1000 |
| Contract Unit | Litres |
| Price Digits | 2 |
| Currency | GBP |
| Value of Tick | 10 per 0.01 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | Perpetual |
| Last Trading Day (for new open positions) | Perpetual |
| Last Trading Day (for closing position in that Tenor Period) | Perpetual |
| Trading Hours | 7:30am - 6:00pm (UK Time) |
| Quoting Hours | 7:30am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Perpetual: Comprising a blend of the live price of the front 2 months futures contracts, with the weighting adjusting as it moves along the forward curve. |