HeatingOilF
The underlying instrument for HeatingOilF is the Heating Oil Futures contract.
Heating Oil is one of the most important byproduct of crude oil, which is used for heating homes. Its price is affected by season, weather, consumptions, and also supply of Natural Gas, which is a substitute of Heating Oil for heating homes purpose. Heating Oil Futures offer traders a way of speculating/hedging the price movements.
Margin Requirements
Margin Requirement's may differ depending on account type and can be viewed in the dealing rates and create order windows on the trading station or by clicking here.
Trading Hours, Expiration and Reference Month
Please click here for trading hours. Please note, however, that hours are subject to change based on Daylight Savings Time. Any holiday hours will be posted here. FXCM expiration dates and current reference month for HeatingOilF are located in the FXCM CFD Expiration PDF.
Target Spread
HeatingOilF has a target spread of 0.5 pips/points
Minimum Contract Size and Increment
The minimum number of contracts per click (trade) for HeatingOilF is 25 and in the increment of 25.
Max Contract Size
The maximum number of contracts per click (trade) for HeatingOilF is 5000
Minimum Pip Cost (Value)
HeatingOilF has a minimum value of $0.10 per point (Your per point value may be different if your account is denominated in a different currency. Please refer to the Simple Dealing Rates Window in Trading Station for this value). The pip/point location is shown in the diagram. Each 0.01 price movement on HeatingOilF is 1 pip/point. FXCM's pricing displays 4 decimals - ideal for scalpers in a fast-moving market.
Number of FXCM Contracts to Equal 1 Future
42 FXCM HeatingOilF contracts are currently equivalent to one Heating Oil Future.
Other Information
HeatingOilF has no financing cost (Rollover).
There is no minimum stop distance
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