Products | Solas Pro

By: Solaspro  05/12/2011
Keywords: Direct Market Access

Products

SolasPro offers our trading clients access to some of the lowest spreads in the Irish market.

SolasPro provides these tight prices because our trading platform uses Direct Market Access functionality which references the underlying market prices on the exchange where the actual instruments are traded.

Sample spreads from SolasPro include: S&P 0.125 Pips, EURUSD 0.5, Gold 0.075 –see below for full list of products & prices.

Bonds

Underlying Exchange Code Underlying Product Minimum Price Movement Whole Point Move Initial Margin 0-200 Spread 200+ Spread Trading Hours* Minimum Bet Size **
CBOT ZB 30 Year Treasury Bond $15.625 $31.25 $3,713 0.0024 0.0012 06.00-21.15 $15.625
CBOT ZN 10 Year US Treasury Note $15.625 $31.25 $2,160 0.0024 0.0012 06.00-21.15 $15.625
CBOT ZF 5 Year US Treasury Note $7.8125 $31.25 $1,283 0.0024 0.0012 06.00-21.15 $7.8125
CBOT ZT 2 Year US Treasury Note $15.625 $31.25 $810 0.0012 0.0006 06.00-21.15 $15.625
EUREX FGBL FUT 8 1/2 – 10 1/2 Year Government Bond 6% €10 €10 €2,120 0.005 0.0025 06.00-21.15 €10
EUREX FGBM FUT 4 1/2 – 5 1/2 Year Government Bond 6% €5 €10 €1,020 0.005 0.0025 06.00-21.15 €5
EUREX FGBS FUT 1 3/4 – 2 1/4 Year Government Bond 6% €5 €10 €350 0.005 0.0025 06.00-21.15 €5
LIFFE R Long Gilt (Decimal) £10 £10 £2,500 0.005 0.0025 06.00-21.15 £10

Commodities

Underlying Exchange Code Underlying Product Minimum Price Movement Whole Point Move Initial Margin 0-200 Spread 200+ Spread Trading Hours* Minimum Bet Size**
CBOT ZS Soybean Futures $12.50 $50 $4,725 0.002 0.0015 06.00-21.15 $12.50
CBOT ZC Corn Futures $12.50 $50 $2,025 0.002 0.0015 06.00-21.15 $12.50
CBOT ZL Soybean Oil Futures $6.00 $60 $2,025 0.002 0.0015 06.00-21.15 $12.50
CBOT ZM Soybean Meal Futures $10.00 $100 $2,700 0.002 0.0015 06.00-21.15 $12.50
CBOT ZW Wheat Futures $12.50 $50 $3,375 0.002 0.0015 06.00-21.15 $12.50
CME HE Lean Hogg $10 $40 $1,688 0.00025 0.0001875 06.00-21.15 $10
CME LE Live Cattle $10 $40 $1,350 0.00025 0.0001875 06.00-21.15 $10
LIFFE RC Robusta Coffee 10 Ton (USD) $10 $10 $1,600 1 0.75 06.00-21.15 $10
LIFFE C Cocoa $10 $10 $1,400 1 0.375 06.00-21.15 $10
LIFFE W White Sugar (USD) $5 $5 $3,835 0.2 0.15 06.00-21.15 $5
ICE BRN Brent Crude Fututres North Sea $10 $10 $5,200 0.0075 0.0045 06.00-21.15 $10
ICE GAS Gas Oil Futures – ARA $25 $100 $4,250 0.075 0.045 06.00-21.15 $25
ICE WBS WTU Crude Futures/WTI $10 $10 $4,250 0.0075 0.0045 06.00-21.15 $10
NYMEX CL Crude Oil $10 $10 $6,075 0.0075 0.0045 06.00-21.15 $10
NYMEX NG Henry Hub Natural Gas $10 $10 $4,725 0.001 0.00075 06.00-21.15 $10
NYMEX RB Reforulated Gasoline Oxygen Blending (RBOB) $4.20 $4.20 $5,400 0.00024 0.00018 06.00-21.15 $4.20
NYMEX HO Heating Oil $4.20 $4.20 $5,063 0.00024 0.00018 06.00-21.15 $4.20
NYMEX TT Cotton $10 $10 $4,950 0.0002 0.00015 06.00-21.15 $10
NYMEX QM Mini Crude Oil $5 $5 $608 0.015 0.009 06:00 – 21:15 $10

Indices

Underlying Exchange Code Underlying Product Minimum Price Movement Whole Point Move Initial Margin 0-200 Spread 200+ Spread Trading Hours* Minimum Bet Size **
CBOT YM Mini Size Dow Futures $5 $5 $6,500 2 1 06.00-21.15 $5
CME ES E Mini S&P 500 $12.50 $50 $5,625 0.2 0.125 06.00-21.15 $12.50
CME NQ E Mini NASDAQ 100 $5 $20 $3,500 0.5 0.325 06.00-21.15 $5
CME NKD NIKKEI 225 Dollar Based $5 $5 $6,250 2 1.25 06.00 – 21.15 $5
EUREX FDAX FUT on DAX Index €12.5 €25 €13,488 0.28 0.15 06.00-21.15 €12.5
EUREX FESX FUT on Eurostoxx Index €10 €10 €2,247 0.6 0.3 06.00 – 21.15 €10
EUREX FSMI FUT on Swiss Market Index CHF 10 CHF 10 CHF 4,909 1 0.5 06.00-21.15 CHF 10
LIFFE Z FTSE 100 (New Style Index) £5 £10 £3,000 0.5 0.25 06.00-21.15 £5
NYBOT TF Russell 2000 Mini $10 $10 $4,500 0.1 0.05 06.00-21.15 $10
NYBOT DX US Dollar Index $5 $10 $346 0.01 0.0075 06.00-21.15 $10

Metals

Underlying Exchange Code Underlying Product Minimum Price Movement Whole Point Move Initial Margin 0-200 Spread 200+ Spread Trading Hours* Minimum Bet Size **
CME SI Silver $25 $50 $11,138 0.002 0.0015 06.00-21.15 $25
CME GC Gold $10 $10 $6,751 0.1 0.075 06.00 – 21.15 $10
NYMEX HG Copper $12.50 $25 $5,738 0.0004 0.0003 06.00-21.15 $12.50
NYMEX PA Palladium $5 $5 $5,500 0.1 0.075 06.00 – 21.15 $5
NYMEX PL Platinum $5 $5 $4,950 0.2 0.15 06.00 – 21.15 $5

Interest Rates

Underlying Exchange Code Underlying Product Minimum Price Movement Whole Point Move Initial Margin 0-200 Spread 200+ Spread Trading Hours* Minimum Bet Size **
CME GE Eurodollar $6.25 $25 $878 0.003 0.0015 06.00 – 21.15 $6.25
LIFFE I 3 Month Euro (Eurobor) €12.5 €25 €650 0.0028 0.0015 06.00 – 21.15 €12.5
LIFFE L 3 Month Sterling £6.25 £12.50 £400 0.004 0.0016 06.00 – 21.15 £6.25
LIFFE s 3 Month Euroswiss (CHF) CHF 25 CHF 25 £450 0.004 0.0022 06.00 – 21.15 CHF 25

Currency Futures

Underlying Exchange Code Underlying Product Minimum Price Movement Whole Point Move Intraday Margin Overnight Margin 0-200 Spread 200+ Spread Trading Hours*
CME 6A Australian Dollar $10 $10 $567 $2,835 0.0001 0.0000625 06.00 – 21.15
CME 6B British Pound $6.25 $6.25 $486 $2,430 0.00016 0.0001 06.00 – 21.15
CME 6C Canadian Dollar $10 $10 $486 $2,430 0.0001 0.0000625 06.00 – 21.15
CME 6E Euro FX $12.50 $12.50 $864 $4,320 0.00008 0.00005 06.00 – 21.15
CME 6S Swiss Franc $12.50 $12.50 $675 $3,375 0.00008 0.00005 06.00 – 21.15
CME 6J Japanese Yen $12.50 $12.50 $1,215 $6,075 0.00008 0.00005 06.00 – 21.15

Spot FX

Underlying Exchange Underlying Product Minimum Price Movement Whole Point Move Margin (1) Spread Charge Overnight Interest Rate (2) Trading Hours*
CURRENEX EUR-USD USD1 USD10 5% 0.5 +/- 2% 06.00 – 21.15
CURRENEX EUR-GBP GBP1 GBP10 5% 0.5 +/- 2% 06.00 – 21.15
CURRENEX EUR-JPY JPY100 JPY1000 5% 0.5 +/- 2% 06.00 – 21.15
CURRENEX EUR-CHF CHF1 CHF10 5% 0.6 +/- 2% 06.00 – 21.15
CURRENEX EUR-CAD CAD1 CAD10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX EUR-AUD AUD1 AUD10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX GBP-JPY JPY100 JPY1000 5% 0.8 +/- 2% 06.00 – 21.15
CURRENEX GBP-USD USD1 USD10 5% 0.5 +/- 2% 06.00 – 21.15
CURRENEX GBP-CHF CHF1 CHF10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX GBP-CAD CAD1 CAD10 5% 1.5 +/- 2% 06.00 – 21.15
CURRENEX GBP-AUD AUD1 AUD10 5% 1.5 +/- 2% 06.00 – 21.15
CURRENEX GBP-NZD NZD1 NZD10 5% 1.5 +/- 2% 06.00 – 21.15
CURRENEX CHF-JPY JPY100 JPY1000 5% 1.5 +/- 2% 06.00 – 21.15
CURRENEX USD-JPY JPY100 JPY1000 5% 0.5 +/- 2% 06.00 – 21.15
CURRENEX USD-CHF CHF1 CHF10 5% 0.5 +/- 2% 06.00 – 21.15
CURRENEX USD-CAD CAD1 CAD10 5% 0.6 +/- 2% 06.00 – 21.15
CURRENEX AUD-USD USD1 USD10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX AUD-JPY JPY100 JPY1000 5% 1 +/- 2% 06.00 – 21.15
CURRENEX AUD-NZD NZD1 NZD10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX AUD-CAD CAD1 CAD10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX AUD-CHF CHF1 CHF10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX NZD-USD USD1 USD10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX NZD-JPY JPY100 JPY1000 5% 1 +/- 2% 06.00 – 21.15
CURRENEX NZD-CHF CHF1 CHF10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX CAD-CHF CHF1 CHF10 5% 1 +/- 2% 06.00 – 21.15
CURRENEX CAD-JPY JPY100 JPY1000 5% 1 +/- 2% 06.00 – 21.15

MiniFX

Underlying Exchange Underlying Product Minimum Price Movement Whole Point Move Margin (1) Spread Charge Overnight Interest Rate (2) Trading Hours*
CURRENEX EUR-USD USD 0.1 USD 1 5% 1 +/- 2% 06.00 – 21.15
CURRENEX EUR-GBP GBP 0.1 GBP 1 5% 1 +/- 2% 06.00 – 21.15
CURRENEX EUR-JPY JPY 10 JPY 100 5% 1 +/- 2% 06.00 – 21.15
CURRENEX EUR-CHF CHF 0.1 CHF 1 5% 1.2 +/- 2% 06.00 – 21.15
CURRENEX EUR-CAD CAD 0.1 CAD 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX EUR-AUD AUD 0.1 AUD 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX GBP-JPY JPY 10 JPY 100 5% 1.6 +/- 2% 06.00 – 21.15
CURRENEX GBP-USD USD 0.1 USD 1 5% 1 +/- 2% 06.00 – 21.15
CURRENEX GBP-CHF CHF 0.1 CHF 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX GBP-CAD CAD 0.1 CAD 1 5% 3 +/- 2% 06.00 – 21.15
CURRENEX GBP-AUD AUD 0.1 AUD 1 5% 3 +/- 2% 06.00 – 21.15
CURRENEX GBP-NZD NZD 0.1 NZD 1 5% 3 +/- 2% 06.00 – 21.15
CURRENEX CHF-JPY JPY 10 JPY 100 5% 3 +/- 2% 06.00 – 21.15
CURRENEX USD-JPY JPY 10 JPY 100 5% 1 +/- 2% 06.00 – 21.15
CURRENEX USD-CHF CHF 0.1 CHF 1 5% 1 +/- 2% 06.00 – 21.15
CURRENEX USD-CAD CAD 0.1 CAD 1 5% 1.2 +/- 2% 06.00 – 21.15
CURRENEX AUD-USD USD 0.1 USD 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX AUD-JPY JPY 10 JPY 100 5% 2 +/- 2% 06.00 – 21.15
CURRENEX AUD-NZD NZD 0.1 NZD 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX AUD-CAD CAD 0.1 CAD 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX AUD-CHF CHF 0.1 CHF 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX NZD-USD USD 0.1 USD 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX NZD-JPY JPY 10 JPY 100 5% 2 +/- 2% 06.00 – 21.15
CURRENEX NZD-CHF CHF 0.1 CHF 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX CAD-CHF CHF 0.1 CHF 1 5% 2 +/- 2% 06.00 – 21.15
CURRENEX CAD-JPY JPY 10 JPY 100 5% 2 +/- 2% 06.00 – 21.15

(1) Percentage is based on second currency paring. For example a 5% margin on 100,000 (1 lot – non Mini) worth of EUR/USD, when the price is 1.40 would be $7,000 (100,00 x 1.40) x 5%

(2)Finance charges are calculated as the differential between the overnight Interest Rates of the currency pairs less 2%

Equities

Shares Offered Underlying Product Whole Point Move Minimum Trade Size Margin (1) Spread Overnight Finance Rate Trading Hours(UK) Expiry
FTSE 100 Individual Shares £1 100 shares 12.5% 10 basis points / (0.1%) 1 month LIBOR +/- 2.5% 08:00 – 16:30 31/12/2015
FTSE 250 Individual Shares £1 100 shares 20-40% (2) 10 basis points / (0.1%) 1 month LIBOR +/- 2.5% 08:00 – 16:30 31/12/2015
Eurostoxx 50 Individual Shares €1 100 shares 15% 10 basis points / (0.1%) (3) 1 month EURIBOR +/- 2.5% 08:00 – 16:30 31/12/2015

(1)Calculated from the total contract value

(3) Excluding Greece and Austria

The information in this article was current at 02 Dec 2011

Keywords: Direct Market Access