Brent Rebounds Above $90/bbl
Chris Wright X post triggers flat price chaos; IEA to release over 100mb in month one; Trump announces plan for Reliance-backed US refinery
4 page report
Spot Silver
Contract Details
Contract for Difference
Spread Bet
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | Spot Silver (100oz-$/0.01) |
| MT5 Trader Code | Spot_Silver |
| Flux Terminal Code | |
| Contract Classification | Spot FX CFD |
| Geographical Region | N.America/Europe |
Contract Specification
| Sector | Metals |
| Product Group | |
| Tenor Period | Perpetual |
| Maximum Forward Tenor | Perpetual |
| Contract Size | 100 |
| Contract Unit | USD |
| Trading Price Quote | $/0.01 |
| Price Digits | 2 |
| Currency | USD |
| Tick Value | 1 |
| Tick Size | 0.01 |
| Minimum Volume | 0.3 |
| Volume Steps [Lots] | 0.01 |
| Settlement | Priced from IG comprising a feed of 8-10 LPs. |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 30 April 2026 for Apr 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 23 April 2026 for Apr 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | Markets are open from Sunday 11:00pm to Friday 10:00pm, with a daily one-hour maintenance break from 10:00pm to 11:00pm. |
| Quoting Hours | Markets are open from Sunday 11:00pm to Friday 10:00pm, with a daily one-hour maintenance break from 10:00pm to 11:00pm. |
Tenor Period Settlement Valuation Process
| Daily Settlement Value | Market-on-Close – The daily assessment settlement time, e.g. 4:30 pm for European contracts |
| Final Settlement Price | Priced from IG comprising a feed of 8-10 LPs. |
A spread bet is a form of wagering on the price movement of an asset, where the trader bets on whether the price will rise or fall. The profit or loss is determined by the difference between the opening and closing prices.
Name & Trade Code
| Contract Name | Spot Silver(£/0.01) |
| MT5 Trader Code | Spot_Silver.s |
| Flux Terminal Code | |
| Contract Classification | Spot FX SB |
| Geographical Region | N.America/Europe |
Contract Specification
| Sector | Metals |
| Product Group | |
| Tenor Period | Perpetual |
| Maximum Forward Tenor | Perpetual |
| Contract Size | 100 |
| Contract Unit | GBP |
| Trading Price Quote | £/0.01 |
| Price Digits | 2 |
| Currency | USD |
| Tick Value | 1 |
| Tick Size | 0.01 |
| Minimum Volume | 0.01 |
| Volume Steps [Lots] | 0.01 |
| Settlement | Priced from IG comprising a feed of 8-10 LPs. |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 30 April 2026 for Apr 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 23 April 2026 for Apr 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | Markets are open from Sunday 11:00pm to Friday 10:00pm, with a daily one-hour maintenance break from 10:00pm to 11:00pm. |
| Quoting Hours | Markets are open from Sunday 11:00pm to Friday 10:00pm, with a daily one-hour maintenance break from 10:00pm to 11:00pm. |
Tenor Period Settlement Valuation Process
| Daily Settlement Value | Market-on-Close – The daily assessment settlement time, e.g. 4:30 pm for European contracts |
| Final Settlement Price | Priced from IG comprising a feed of 8-10 LPs. |
Related News
Markets Watch Crude, Middle East Crisis Disrupts Southeast Asian Economies
Asset classes, including equities, bonds, currencies closely watching oil headlines; Middle East crisis disrupts southeast Asian economies
Brent Declines to $98.80/bbl
Brent falls as Gulf refining outages hit supply; Urals surges on demand while shippers add fuel surcharges and traders secure financing.
4 page report