Spread betting on Daily Currencies involves placing a spread bet on which way you think the value of one currency versus another is going to move.
Spreads and Trading hours are correct at time of publication. Spreads may vary in irregular market conditions. Other markets are available on request.
Opening hours are 06.00 to 21.15
| GBP/USD |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
3
|
| Notional Trading requirements (See Note 2) |
1.25% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| EUR/USD |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
3
|
| Notional Trading requirements (See Note 2) |
1.25% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| USD/JPY |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.01 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| USD/CHF |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N\A |
| Basis of Settlement |
See note 4 |
| USD/CAD |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N\A |
| Basis of Settlement |
See note 4 |
| AUD/USD |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| GBP/JPY |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.01 |
| Spread |
8
|
| Notional Trading requirements (See Note 2) |
1.25% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| GBP/CHF |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
8
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| EUR/GBP |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.0001 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| EUR/JPY |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.01 |
| Spread |
8
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N\A |
| Basis of Settlement |
See note 4 |
| EUR/SEK |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.001 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
| EUR/NOK |
| MFG Hours |
06:00 - 21:15 |
| Bet per (See Note 1) |
0.001 |
| Spread |
4
|
| Notional Trading requirements (See Note 2) |
2% of the market price times stake |
| Contract Month |
Daily |
| Last Day of Dealing |
N/A |
| Basis of Settlement |
See note 4 |
NOTES TO CURRENCIES:
1) The minimum bet size is 20p per ‘bet per’ for all the above markets
2) Our notional trading requirements are subject to change.
3) Other cross currencies available on request.
4) Daily currency bets that are not rolled into the next trading day settle against the first price published on Reuters for the relevant currency pair on Or after 20.00 Hours.
5) Bets placed on these markets will expire after the market closes on each trading day. Subject to the following conditions the bet will be closed and reopened:-
(i) Orders nominated against a rolled position will be transferred to the new bet and adjusted to reflect any dividend adjustment or any other special situation.
(ii) The level of the new bet will reflect any dividend adjustments or financing rebates/charges or any special situation.
(iii) No contract note will be provided in relation to the closing and opening bets involved in a rollover.
6) Intra day high and low prices for each currency pair are derived from the price published on Blomberg for the relevant currency pair.
7) Spread Betting any of the products listed on this page would not result in ownership of the underlying instrument.
