Sectors Bet Details
We offer sector bets on 35 key FTSE 350 industries.
a) Sectors bets can be made in two ways: as a Daily Funded Bet (DFB) or as a Futures bet (Quarterly bet). The expiry months for Quarterly bets rotate on a March, June, September, December cycle. Prices are quoted for the current and next quarter month.
b) IG Index quotes an ‘all-in’ spread for sectors, which includes both our spread and market spread. The spread is usually calculated as a percentage of the current sector price as follows:
- DFB: 0.2% of sector price
- Near quarter: 0.6% of sector price
- Far quarter: 0.7% of sector price
c) For controlled risk bets, a controlled risk premium of 0.3% is charged on the opening.
d) The deposit factor will normally be 5% of the price of the sector in question. Thus a sector priced at 2000 will normally incur a deposit 100 times the bet size.
e) The minimum bet size for sectors is £0.50 per point (for online dealing).
f) Dealing hours: Monday–Friday, 08.15–16.30.
g) The last dealing day for Quarterly bets will be the Tuesday before the 3rd Wednesday of the contract month.
Sectors markets
We offer bets on the following FTSE 350 sectors:
|
|