How can we help?


The underlying instrument for AlumSpot is LME PRI ALUM FUTR.

This underlying Futures product is trading at the London Metal Exchange. Aluminum is widely used in aerospace productions, automobiles, and as a construction material. This Futures product allows traders to speculate/hedge the price movements of aluminum.

Margin Requirements
To view current margin requirements, visit the below link:

Margin Updates

Trading Hours
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. AlumSpot is a spot product, so there is no expiration.

Target Spread
AlumSpot has a target spread of 6 pips/points

Max Contract Size
The maximum number of contracts per click (trade) for AlumSpot is 5000

Minimum Pip Cost (Value)
AlumSpot has a minimum value of $1.00 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 1.00 price movement on AlumSpot is 1 pip/point.

Number of FXCM Contracts to Equal 1 Future
25 FXCM AlumSpot contracts are currently equivalent to one LME PRI ALUM FUTR.

Other Information
AlumSpot does not expire.

AlumSpot does have financing cost (Rollover). The calculation is as shown:

Long positions:
((4th Month Futures Price-3rd Month Futures Price)/(Total trading days of New Month Future) +Markup)×(-1)×point cost

Short positions:
((4th Month Futures Price-3rd Month Futures Price)/(Total trading days of New Month Future)-Markup)×point cost

Notes on the financing cost:
* FXCM's Markup is currently 10 cents, but subject to change.
* Point cost for one contract is 1.
* To account for holding a position into the weekend, there is a 3X rollover on Wednesdays.

There is no minimum stop distance on AlumSpot.

${} / ${getInstrumentData.ticker} /

Exchange: ${}

${} ${getInstrumentData.divCcy} ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%) ${getInstrumentData.priceChange} (${getInstrumentData.percentChange}%)

${getInstrumentData.oneYearLow} 52/wk Range ${getInstrumentData.oneYearHigh}