Product Description

Teva Pharmaceutical is an Israeli multinational pharmaceutical company specializing primarily in generic drugs, but other business interests include active pharmaceutical ingredients and, to a lesser extent, proprietary pharmaceuticals. It is the largest generic drug manufacturer in the world and one of the 15 largest pharmaceutical companies worldwide.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO VIP AUTO
Typical Spread in quote currency per unit 0.04 0.04 0.04 0.04 0.04
Size of 1 lot 100 shares 100 shares 100 shares 100 shares 100 shares
Minimum Contract size, lots 0.01 0.01 0.01 0.01 0.01
Maximum Contract size, lots 50.0 50.0 50.0 50.0 50.0
Tick value per 1 lot 0,01 USD 0,01 USD 0,01 USD 0,01 USD 0.01 USD
Volume limitation 50 lots per account 50 lots per account 50 lots per account 50 lots per account 50 lots per acco
Margin requirement 7% 7% 7% 7% 7%
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 50 % / 20% 50 % / 20% 40% / 10% 50 % / 20% 50 % / 20%
Negative balance protection Yes Yes Yes Yes Yes
Swap free days allowance 0 0 0 0 0
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