New - Leveraged Commodity Products

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IG Markets will offer a new type of commodity contract, called Leveraged Commodity Products (LCPs), from 30 January 2012.

These new LCPs will allow our clients to trade contracts on gold, silver, oil and other commodities with different margins than our commodities CFDs, which they replace.

What are LCPs?

LCPs are contracts traded over the counter on commodities under the Commodity Trading Act, regulated by International Enterprise Singapore (IE Singapore). Their risk profile is comparable to our current CFD products except that the margin requirement of LCPs differs from CFDs.

Exclusive to IG Markets, Singapore dollar-denominated contracts on popular commodities markets eliminate the risk associated with currency exposure.

See the table below for some examples of how the new margins are calculated.

Contract and dealing hours
(New York time)

Value of one contract
(per full point)

Normal spread

Limited risk premium

Margin requirement
(per contract)

Gold
24 hours except 17.15-18.00

SG$1
(min 10 contracts)

0.5

0.3

SG$17

Silver
24 hours except 17.15-18.00

SG$1
(min 5 contracts)

3

2

SG$60

Light Crude Oil (US)
24 hours except 17.15-18.00

SG$1
(min 5 contracts)

6

4

SG$150

Client Money Protection

All client monies will have the same protection with IG Markets’ LCPs as they do with our CFD products – 100% of client money is segregated and kept in Singapore, including running profits.

Please contact our Helpdesk should you have any questions in this respect.

With transparent trading costs, share CFDs available at the guaranteed market price, one of the lowest financing rates around, and segregated client funds, IG Markets is Singapore's number one CFD provider for customer satisfaction. IG Markets offers forex trading and CFDs on all the leading Asian and international shares in local denominations, as well as a range of stock indices, including the Singapore Blue Chip. Exclusive to IG Markets is our selection of SGD-Denominated CFDs, which eliminate currency exposure when trading foreign stock indices. We also offer a range of research and analysis resources to keep you up-to-date with the latest market news.

Remember that CFDs are a leveraged product and can result in losses that exceed your initial deposit. Trading CFDs may not be suitable for everyone, so please ensure that you fully understand the risks involved.

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