Product Description

The UK 10-year Gilt is the most closely followed bond of the British government, dominated in Pounds (GBP). They are issued by the UK Debt Management Office (DMO) on behalf of HM Treasury. There are two types of gilt, Conventional gilts and Index-linked gilts. According to DMO, they are called gilts since the UK government always achieves to pay interest or principal payments on gilts when they have been delayed.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO MICRO AUTO
Typical Spread in quote currency per unit 0.05 0.05 0.05 0.05
Size of 1 lot 100 100 100 100
Minimum Contract size, lots 1.0 1.0 1.0 1.0
Maximum Contract size, lots 60.0 60.0 60.0 60.0
Tick value per 1 lot 1 USD * GBPUSD 1 USD * GBPUSD 1 USD * GBPUSD 1 USD * GBPUSD
Volume limitation n/a n/a n/a n/a
Margin requirement 2% 2% 2% 2%
Minimum Price Increment 0.01 0.01 0.01 0.01
Limit and Stop Levels 15.0 15.0 15.0 15.0
Margin Call / Stop out Level 50 % / 20% 50 % / 20% 40% / 10% 50 % / 20%
Negative balance protection Yes Yes Yes Yes
Swap free days allowance 0 0 0 0
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