Leveraged Bullion and Base Metals trading is the buying or selling of metals in the professional inter-bank market, and provides access to the spot, forward and option markets.

All positions are subject to an initial margin (cash deposit) and maintained through the use of variation margins.

The positions are essentially non-deliverable (optional) and so are rolled to, or for options expire on, an agreed date.

Settlement of the position can occur at anytime during market hours. The resulting profit and loss of the trade is the net result of the difference between the opening and closing prices of each transaction adjusted for costs.