EN

CRUDE OIL

Rules of Kerford UK oil US oil
Spreads 3 3
Counter Fee $0 $0
Bond $ 1,500 $ 1,500
Contract Unit 1,000 barrels 1,000 barrels
Buy Interest -3.37 -2.82
Sell ​​Interest -2.74 -2.3
Overnight interest Investors buy or sell US oil or UK oil but did not close trade within the day, interest arose when the day of settlement.
All time of trading platform is Beijing time, clearing time is 04:00 am Beijing time. Suppose you place an order before 03:59 am Beijing time and hold the order after 04:00am, there will be overnight interest. Time is shown in the system to display the record as a quasi. Interest is delayed to liquidate in accordance with the T + 3 international banking practice, that is, start to calculate after 3 working days. Usually if customers hold positions on Tuesday, he will be charged three times of the overnight interest rate.
Trading hours Monday morning 09:00 to
 Saturday morning 05:00,
 market closed from 07:00 to 09:00 daily
Monday morning 08:00 to
Saturday morning 05:00,
market closed from 06:00 to 07:00 daily

Maturity date of CFDs of Crude oil:

Due to the last trading day and due date may change based on the market conditions of the related products, please pay close attention to the latest futures date of the official website announced.


Product Contract Codes First transaction date Final transaction date Due date
US crude oil
USoilN5 2015/5/18 2015/6/18 2015/6/23
USoilQ5 2015/6/18 2015/7/17 2015/7/22
USoilU5 2015/7/17 2015/8/15 2015/8/21
USoilV5 2015/8/15 2015/9/18 2015/9/23
USoilX5 2015/9/18 2015/10/15 2015/10/21
USoilZ5 2015/10/15 2015/11/17 2015/11/21
USoilF6 2015/11/17 2015/12/17 2015/12/22
Product Contract Codes First transaction date Final transaction date Due date
British oil
UKoilN5 2015/5/18 2015/6/11 2015/6/16
UKoilQ5 2015/6/11 2015/7/14 2015/7/17
UKoilU5 2015/7/14 2015/8/12 2015/8/15
UKoilV5 2015/8/12 2015/9/11 2015/9/16
UKoilX5 2015/9/11 2015/10/13 2015/10/16
UKoilZ5 2015/10/13 2015/11/10 2015/11/14
UKoilF6 2015/11/10 2015/12/12 2015/12/17