Product Description

The Sugar No. 11 future contract is the global benchmark contract for raw sugar trading, offered by ICE Futures US. Sugar No. 11 refers to the price of the unrefined product and has been the preferred instrument for trading. The contract is an indication of the supply and demand for sugar globally.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.06 0.06 0.06 0.06 0.06
Size of 1 lot 112,000 Lbs 112,000 Lbs 112,000 Lbs 112,000 Lbs 112,000 Lbs
Minimum Contract size, lots 0.01 0.01 0.01 0.1 0.01
Maximum Contract size, lots 60.0 60.0 60.0 80.0 60.0
Tick value per 1 lot 11,20 USD 11,20 USD 11,20 USD 11,20 USD 11,20 USD
Volume limitation n/a n/a n/a n/a n/a
Margin requirement 700 USD 700 USD 700 USD 700 USD 700 USD
Minimum Price Increment 0.01 0.01 0.01 0.01 0.01
Limit and Stop Levels 0.05 0.05 0.05 0.05 0.05
Margin Call / Stop out Level 80 % / 50% 80 % / 50% 40% / 10% 80 % / 50% 80 % / 50%
Negative balance protection Yes Yes Yes Yes Yes
Swap free days allowance 0 0 0 0 0
products