The Sugar No. 11 future contract is the global benchmark contract for raw sugar trading, offered by ICE Futures US. Sugar No. 11 refers to the price of the unrefined product and has been the preferred instrument for trading. The contract is an indication of the supply and demand for sugar globally.
| PARAMETERS | Trading Specifications per Account Type | |||||
|---|---|---|---|---|---|---|
| PREMIUM | ZERO | PRO | ||||
| Spreads as low as | 0.06 | 0.06 | 0.06 | |||
| Size of 1 lot | 112,000 Lbs | 112,000 Lbs | 112,000 Lbs | |||
| Minimum Contract size, lots | 0.01 | 0.01 | 0.01 | |||
| Maximum Contract size, lots | 60 | 60 | 60 | |||
| Tick value per 1 lot | 11,20 USD | 11,20 USD | 11,20 USD | |||
| Volume limitation | n/a | n/a | n/a | |||
| Margin requirement | 700 USD | 700 USD | 700 USD | |||
| Minimum Price Increment | 0.01 | 0.01 | 0.01 | |||
| Limit and Stop Levels | 5.0 | 5.0 | 5.0 | |||
| Negative Balance Protection | Yes | Yes | Yes | |||
| Swap free days allowance | 0 | 0 | 0 | |||
