Online Futures

Sonray offers futures contracts, traded online through our Sonray Trader trading platform on live streaming prices. Sonray Trader supports over 200 futures contracts including:

• Precious Metals: Gold and Silver
• Energies: Crude Oil and Natural Gas
• Stock indices including Dow Jones, NASDAQ, S&P 500, FTSE 100 and many others
• Long and Short-term Interest rates
• Foreign currencies
• Agricultural

Futures contracts are traded through many of the word's major futures exchanges including ECBOT (Electronic CBOT), CME, LIFFE, EUREX.

Maintenance Margin

Futures contracts are traded on margin enabling you to leverage a small margin deposit for a much greater market effect

You must maintain the Maintenance Margins listed per contract in your account at all times. If the funds in your account fall below this margin, you will be subject to a margin call to either deposit more funds to cover your positions or close positions — normally you will be notified through our trading platform and via email. If your margin situation is not remedied, we may close positions on your behalf.

Expiry of Futures Contracts

Please note that Sonray Capital Markets does not support physical delivery of the underlying security upon expiry of a futures contract. We therefore advise you to be aware of the expiry and first notice dates of any futures contracts you invest in and ensure that you close your position before this date. If you do not close a futures position before its expiry or first notice date, Sonray Capital Markets will close your position for you at the first available opportunity at the prevailing market rate. Any resulting costs, gains or losses will be passed on to you.

If you require any assistance or clarification regarding the expiry of futures contracts, please contact Sonray Capital Markets.