Metals and energy. Defined instrument coverage.
From precious metals to energy benchmarks. Explore the instruments, then get precise about the conventions behind each reference.
01 / Metals & energy
Metals and energy. Different contracts.
Bullion and energy do not move to the same clock. Explore the references, then examine the settlement, expiry and session details that make each instrument distinct.
Metals
Precious-metal references in US dollars. Product form and settlement are confirmed in the agreed instrument specification.
Coverage references / no live pricesMetals · 4 reference instruments shown
- XAU/USDGoldSpot metal reference
- XAG/USDSilverSpot metal reference
- XPT/USDPlatinumSpot metal reference
- XPD/USDPalladiumSpot metal reference
02 / Beneath the symbol
Read the
contract mechanics.
Settlement, calendar and product form belong in the instrument specification. Open a note to examine the relevant convention.
01Know what the symbol represents.
A spot-metal reference and a CFD on an energy future have different conventions. Confirm quotation currency, contract size, settlement basis and any expiry before enabling an instrument.
02Rollover belongs in the brief.
For futures-referenced instruments, review the underlying contract month and the agreed rollover or expiry treatment. Changes between contract months can affect the reference price.
03Match the operating window.
Trading sessions and maintenance breaks vary by instrument and underlying venue. Review holiday schedules and escalation contacts with the desk; coverage is subject to counterparty approval and agreed terms.
Coverage enquiry
Confirm your metal and energy references.
Send the desk your instrument list, expected sizes and technical requirements. Drovix can discuss the current coverage and specifications relevant to your institution.
Talk to the deskLeveraged OTC products, including Forex and CFDs, carry a high level of risk and a counterparty may lose more than its initial margin. The Drovix offering is directed exclusively at Eligible Counterparties and Professional Clients; Drovix does not provide services to retail clients.
For eligible institutional and professional counterparties only. Drovix does not provide services to retail clients. Coverage and commercial terms are subject to jurisdiction, approval and the institutional services agreement.