Trade Live Cattle Spot CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.1
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.01096 %(-$7.31)Trade size with leverage ~ $66,666.67Money from leverage ~ $$65,666.67Go to platform: -0.01096%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.01096 %(-$7.31)Trade size with leverage ~ $66,666.67Money from leverage ~ $$65,666.67Go to platform: -0.01096%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 0.1
• Margin: 1.50%
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 0.1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01096 %
  (-$7.31)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.01096 %
  (-$7.31)

Trade Live Cattle Spot

Price constructed using front two months of Live Cattle futures.

Each day at 18:04:55 UTC, the undated commodity price is adjusted to reflect the difference between the settlement price of front- and back-month futures. At the same time, a matching cash adjustment is applied — ensuring the overall position remains neutral as the roll progresses. This cash adjustment is fully offset by the running profit or loss on the position.

Live cattle are raised for the production of beef until they reach a particular weight, usually between 1,200 and 1,400 lbs. When the calves grow and reach this weight limit they are sent to feedlots and are ready to be sent to slaughterhouses. Live cattle futures are traded on the Chicago Mercantile Exchange (CME Globex) under the ticker symbol LE. The contract size comprises 40,000 pounds (18 metric tonnes). The United States, which is the one of the world’s major cattle producing countries exports 2 billion beef pounds annually. Demand and supply factors for beef play the most significant role in forming live cattle prices.