Download RATES SCHEDULE The following sets out the

RATES SCHEDULE
The following sets out the applicable rates for the purposes of your Agreement with CMC Markets.
1.
Interest on Account Balances:
Interest Qualification Level:
Account balances of US$15,000 (or currency
equivalent) and above.
2.
Interest Percentage:
Applicable Base Rate +/- 2%
Financing on Open Positions:
Open positions carried overnight may be debited or credited with overnight financing for the
full consideration of the position.
The rate(s) used in calculating such financing are displayed on the daily statement and are also
available on request.
3.
Margin:
The ‘Minimum Margin Amount’ you must maintain on your account is US$200, or currency
equivalent.
Tables 3.1 – 3.4 also set out the Margin Percentages used in calculating the margin rates
applicable to your Account.
Table 3.1 Share/Index CFD Margin Percentages
Origin of Underlying
United Kingdom
5%
Index
CFD’s
1%
United States of
America
Europe
5%
1%
1%
5%
1%
1%
Switzerland
5%
1%
1%
5-20%
1%
1%
New Zealand
10%
N/A
N/A
Japan
10%
1%
1%
Hong Kong
10%
1%
1%
Singapore
10%
1%
1%
Australia
Share
CFD’s
Sector
CFD’s
1%
Table 3.2 - FOREX Margin Percentages
Instrument
Spot
Forwards
All Forex Products
1%
1%
Table 3.3 – Treasury CFD Margin Percentages
Market
Short-Term/
Long-Term
United Kingdom
1%
1%
United States
1%
1%
Europe
1%
1%
Australia
1%
1%
Japan
1%
1%
Table 3.4 - Commodity Margin Percentages
Instrument
Margin Percentage
Gold
1%
Silver
1%
Palladium
3%
Platinum
3%
Pork Bellies
3%
Live Cattle
3%
Oats
3%
Corn
3%
Robcoffee
3%
Rough Rice
3%
Soybean
3%
Soymeal
3%
Soyoil
3%
Sugar
3%
UKCocoa
3%
USCocoa
3%
US Wheat
3%
UKCrude
3%
USCrude
3%
INSTRUMENT
Trading Hours
CMC Markets
Tick size
Per 1 CFD
CMC Markets
Expiry and Rollover Date
GOLD
Mon 01.00 – Fri 21.00
$1 per 0.1 point movement
Last day of contract month
SILVER
Mon 01.00 – Fri 21.00
$1 per 0.01 point movement
Last day of contract month
PALLADIUM
13.30 – 18.00
$1 per 0.1 point movement
The third Friday of previous month. If not a business day
then the day immediately preceding.
PLATINUM
13.20 - 18.05
$1 per 0.1 point movement
The third Friday of previous month. If not a business day
then the day immediately preceding.
PORK BELLIES
15.10 – 19.00
$1 per 0.01 point movement
The third Friday of previous month. If not a business day
then the day immediately preceding.
LIVE CATTLE
15.05 – 19.00
$1 per 0.01 point movement
The third Friday of previous month. If not a business day
then the day immediately preceding.
OATS
15.30 – 19.15
$1 per 0.1 point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
CORN
15.30 – 19.15
$1 per 0.1 point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
ROBCOFFEE
09.40 – 16.55
$1 per 1 point movement
ROUGH RICE
15.15 – 19.30
$1 per 0.01 point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
SOYBEAN
15.30 – 19.15
$1 per 0.1 point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
SOYMEAL
15.30 – 19.15
$1 per 0.1point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
SOYOIL
15.30 – 19.15
$1 per 0.01 point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
UKCOCOA
09.30 – 16.50
£1 per 1 point movement
The last business day of previous month
USCOCOA
13.00 – 16.50
$1 per 1 point movement
The second Friday of previous month. If not a business
day than the day immediately preceding
SUGAR
09.45 – 17.30
$1 per 0.1 point movement
The first Friday of previous month. If not a business day
than the day immediately preceding
US WHEAT
15.30 – 19.15
$1 per 0.1 point movement
The third Friday of previous month. If not a business day
than the day immediately preceding
UKCRUDE
08.30-19.30
$1 per 0.01 point movement
Trading day immediately preceding the underlying
market expiry date
USCRUDE
Mon 0.00 - Fri 19.30. Trading
ceases Mon - Thurs 14.30-15.00
and 19.30-20.15 and Fri 14.3015.00
$1 per 0.01 point movement
Trading day immediately preceding the underlying
market expiry date
The last business day of previous month
Instrument
Trading Hours
Where
does
it trade
07.30 – 18.00
Traded on
LIFFE
08.00 – 18.00
LIFFE
£1
per 0.01
Eurodollar
23:00 Sun - 21:00 Fri
CME
$1 per
0.01
Short term US interest rate futures, usually
held in Europe but paid in USD
Trading ceases
CBT
$1 per 0.01
The last business day of previous
month
UK
Short Sterling
CMC
Markets
Tick size
Per 1 CFD
£1 per
0.01
CMC Markets
Expiry and Rollover Date
Trading day immediately preceding
the underlying market expiry date
Short term UK interest Rates
3 months
Gilt
The last business day of previous
month
Long term (10yr) UK interest rate future
US
3 months
T-Note(5Yr)
Trading day immediately preceding
the underlying market expiry date
Mon - Thurs
22:00 - 23:00
01.00 – 22.00
21.00 Close Friday
Longer term US interest rate futures
Euro
T-Note(10Yr)
01.00 – 22.00
21.00 Close Friday
CBT
$1 per 0.01
The last business day of previous
month
T-Bond
(20yr)
01.00 – 22.00
21.00 Close Friday
CBT
$1 per
0.01
The last business day of previous
month
Euribor
07.00 – 18.00
LIFFE
1 Euro per
0.01
Trading day immediately preceding
the underlying market expiry date
07.00 – 18.00
EUREX
1 Euro per
0.01
Trading day immediately preceding
the underlying market expiry date
07.00 – 18.00
EUREX
1 Euro per
0.01
Trading day immediately preceding
the underlying market expiry date
07.00 – 18.00
EUREX
1 Euro per
0.01
Trading day immediately preceding
the underlying market expiry date
Short term European interest rate futures
3 months
Eurobobl
5 year German Govt debt
Euroshatz
2 year German Govt debt
EuroBund
10 year German Govt debt
Aust
Treasury Bond (10Yr)
23.30 – 07.30 UK
SUMMER
21.30 - 05.30 UK
WINTER
SFE
$1 per
0.01
Trading day immediately preceding
the underlying market expiry date
Treasury Bond (3Yr)
23.30 – 07.30 UK
SUMMER
21.30 - 05.30 UK
WINTER
SFE
$1 per
0.01
Trading day immediately preceding
the underlying market expiry date
In Aus
hours look
to the TSE
traded
contract,
during UK
hours look
to LIFFE
Minimum
is
100 Yen
per
0.01
Trading day immediately preceding
the 7th Japanese trading day prior to
the twentieth calendar day of
contract month
Japan
JGB
10yr Japanese
Govt Bond.
00.00 – 02.00
+03.30 – 06.00
+06.30 – 16.00 winter
00.00 – 03.00
04.30 – 16.00
Summer