LSE - IC Airlines Group / ICAG - Trading Details

Product Description

International Consolidated Airlines Group, S.A., often shortened to IAG, is an Anglo-Spanish multinational airline holding company with its registered office in Madrid, Spain and its operational headquarters in London, UK. It was formed in January 2011 after a merger agreement between British Airways and Iberia, the flag carrier airlines of the United Kingdom and Spain respectively. As British Airways was the larger company, those holding shares in British Airways at the time of the merger were given 55% of the shares in the new, merged company. British Airways and Iberia ceased to be independent companies and instead became 100% owned subsidiaries of IAG. It is the sixth-largest airline company in the world, producing 24.406(Euros) billion revenue in 2018. The company is listed on the London Stock Exchange and the Madrid Stock Exchange. It is a constituent of the FTSE 100 Index and IBEX 35 Index


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.15 0.15 0.15
Size of 1 lot 100 shares 100 shares 100 shares
Minimum Contract size, lots 1 1 1
Maximum Contract size, lots 50 50 50
Tick value per 1 lot 0.01 GBP 0.01 GBP 0.01 GBP
Volume limitation 50 lots per account 50 lots per account 50 lots per account
Margin requirement 4% 4% 4%
Minimum Price Increment 0.01 0.01 0.01
Limit and Stop Levels 30.0 30.0 30.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0
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