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Full Name Philip Morris International Inc
Spread Type Floating
Min traded quantity 25
Derivative Type Contract for Difference
Time Zone London, UK (UTC)
Trading hours Mon - Fri 13:30 - 20:00
Short position overnight fee -0.0145%
Long position overnight fee -0.0077%
Overnight fee time 00:00 AM
Philip Morris International is a global company specializing in cigarette and tobacco production. The company operates in four segments, including tobacco farming, making cigarettes, making heated tobacco products (HEETS) and industry value chain. Supplying its products to customers across 180 countries, Philip Morris is famous for its best-selling Marlboro brand. Operating its cigarette production through 48 production facilities in 32 different countries, the company makes over 800 billion cigarettes per year. Listed on the NYSE, Philip Morris is included in the S&P 100 and the S&P 500 components.