SGD Contract Details

SGD-denominated CFDs are traded in Singapore dollars. They are available to trade on a selection of indices and commodities, and allow you to trade foreign assets while minimising currency risk.

Stock Indices Information Table (SGD Denominated)

Spot Metals Information Table (SGD Denominated)

Energies Information Table (SGD Denominated)

Notes

1. Spreads are subject to variation, especially in volatile market conditions. Wider spreads apply when stock indices are quoted outside normal market hours; these are shown in brackets. In-hours spreads apply during the following times:
   
   Wall Street: from the time after the opening of the NYSE when all the Dow stocks have traded (normally by 09.45) until 16.00 (New York time).
   
   FTSE^® 100: 'in hours' means from 01.00-07.50 and 08.00-21.00 (London time). However, between 01.00 and 07.00 we may on occasion offer out-of-hours spreads instead, during periods of extreme illiquidity in the underlying markets.
   
   Australia 200: 09.50-16.30 (Sydney time). Note: for the Australia 200, we can not provide you with a guaranteed out of hours spread. We do not seek to profit from increased all-in spreads during out of market hours and we will not increase our dealing during this time. We will however pass on any increase in market spread experienced during out of market hours (up to a maximum of 15 points).
2. For Limited Risk transactions, a Limited Risk premium is charged on the opening.
3. CFDs on stock indices are Undated Transactions that do not expire (unless requested, please see note 13). For each day that a position is held adjustments are calculated to reflect the effect of interest and dividends.  A daily interest adjustment is calculated for any position that is opened before 22.00 (London time) and that is still open after 22.00 (London time). These adjustments are posted daily to the client's account.
   
   i) Interest adjustments are calculated as follows:
   
   D = n x L x C x i / 360
   
   Where:
   
   D = daily interest adjustment
   n = number of lots
   L = lot size
   C = underlying index price of 23.00 (London time)
   i = applicable annual interest rate
   
   Note: The formula uses a 365-day divisor for UK markets and a 360-day divisor for non-UK markets.
   
   Interest in respect of long positions is debited from a client's account and interest in respect of short positions is credited to a client's account at rates which are agreed with each client.
   
   ii) A dividend adjustment is applied when a component share passes its ex-dividend date (including the ex-date of any special dividend) in the underlying stock market. In the case of long positions, the dividend adjustment is credited to the client's account. In the case of short positions, the dividend adjustment is debited from the client's account.
4. 24-hour dealing starts at 23.00 (London time) on Sunday and finishes at 21.15 (London time) on the following Friday. Please contact us for specific information about public holidays.
5. For most positions, a client can, at any time before the position has been automatically closed, ask for the position to be rolled over to a later date. Rolling over a position involves closing the old position and opening a new one. We normally attempt to contact a client shortly before a position is due to expire and offer him the opportunity to roll the position over. However, we cannot undertake to do this in every case and it remains the client's responsibility to give instructions, if he so wishes, to roll the position over before it expires.