Trade now some of the major soft commodities with AFB in Live tradable prices and instant execution from the world's largest exchanges .be able to get benefit from all market movements you can go long or go short.
Specification:
|
Trading Hours (GMT)
|
Months Traded
|
Margin
|
Minimum Fluctuation
|
Order
|
Spread
|
Contract Size
|
Symbol
|
Product Name
|
|
Mon – Fri 05:30 – 19:15
|
Mar, May, Jul, Sep, Dec.
|
1,000 USD
|
0.05 tick = $18.75
|
50 pips
|
Market Spread
|
37,500 lbs
|
KC
|
N.Y. E-Coffee
|
|
Mon – Fri 05:30 – 19:15
|
Mar, May, July , October
|
1,000 USD
|
1 tick = $11.20
|
20 pips
|
Market Spread
|
112,000 Pounds
|
SB
|
E-Sugar No.11
|
Example:
A client believes that the price of the coffee contract will fall, market now is 124.30. The client sells 2 lots at 124.3. Unfortunately N.Y Coffee prices rises to reach 127.80. The client now decides to buy 2 lots (close his positions) at 127.80.
To calculate the client loss we should do the following:
(Closing price – opening price) - (127.80 – 124.30 = 3.5)
(tick value * 3.5)/minimum fluctuation = (18.75*3.5)/0.05 = 1312.5 per lot
Gross loss = 1312.5 * 2 = 2625$