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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. The vast majority of retail client accounts lose money when trading in CFDs. You should consider whether you can afford to take the high risk of losing your money.

Onyx Markets Naphtha AG Naphtha

AG Naphtha

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A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.

Name & Trade Code

Contract Name MOPAG Naphtha (100mt-$/mt)
MT5 Code MOPAG_Nap
Contract Classification Commodity CFD
Geographical Region Middle East

Contract Specification

Sector Energy
Product Group Naphtha
Tenor Period Up to
Maximum Forward Tenor Up to 6 consecutive forward Tenor Periods available
Contract Size 100
Contract Unit mt
Trading Price Quote $/mt
Price Digits 2
Currency USD
Tick Value 1
Tick Size 0.01
Minimum Volume 1
Volume Steps [Lots] 0.01
Settlement Arithmetic mean of Settlement Prices throughout expiry month
Margins Download a summary or detailed document with tiers.

Expiry Trading Overview

Contract Expiry Date The last trading day of the expiring tenor period
Last Trading Day (for new open positions) Five working days prior to the Contract Expiry Date for the Tenor Period
Last Trading Day (for closing position in that Tenor Period) The last trading day of the expiring tenor period
Trading Hours 8:00am - 5:30pm London time
Quoting Hours 8:00am - 6:00pm London time

Tenor Period Settlement Valuation Process

Open Volume
Daily Settlement Value
Daily Settlement Volume
Final Settlement Price Arithmetic mean of Settlement Prices throughout expiry month

A spread bet is a form of wagering on the price movement of an asset, where the trader bets on whether the price will rise or fall. The profit or loss is determined by the difference between the opening and closing prices.

Name & Trade Code

Contract Name MOPAG Naphtha ($/0.01)
MT5 Code MOPAG_Nap.s
Contract Classification Commodity SB
Geographical Region Middle East

Contract Specification

Sector Energy
Product Group Naphtha
Tenor Period Up to
Maximum Forward Tenor Up to 6 consecutive forward Tenor Periods available
Contract Size 100
Contract Unit mt
Trading Price Quote $/mt
Price Digits 2
Currency USD
Tick Value 1
Tick Size 0.01
Minimum Volume 1
Volume Steps [Lots] 0.01
Settlement Arithmetic mean of Settlement Prices throughout expiry month
Margins Download a summary or detailed document with tiers.

Expiry Trading Overview

Contract Expiry Date The last trading day of the expiring tenor period
Last Trading Day (for new open positions) Five working days prior to the Contract Expiry Date for the Tenor Period
Last Trading Day (for closing position in that Tenor Period) The last trading day of the expiring tenor period
Trading Hours 8:00am - 5:30pm London time
Quoting Hours 8:00am - 6:00pm London time

Tenor Period Settlement Valuation Process

Open Volume -
Daily Settlement Value -
Daily Settlement Volume -
Final Settlement Price Arithmetic mean of Settlement Prices throughout expiry month