Tick Sizes

Tick sizes vary according to the nationality/underlying currency of the instruments.

Tick sizes by market

Price Increments - UK Instruments

UK instruments vary by order entered price according to dynamic tick tables or static tick sizes, as shown below.

FESE 2

FTSE 100 and FTSE 250 securities  (note: exceptions to this table are noted below):

Price Range Tick Size
0.0001 - 0.4999 0.0001
0.5000 - 0.9995 0.0005
1.0000 - 4.999 0.001
5.000 - 9.995 0.005
10.000 - 49.99 0.01
50.00 - 99.95 0.05
100.00 - 499.9 0.1
500.00 - 999.5 0.5
1000.00 - 4,999 1
5,000 - 9,995 5
10,000+ 10

FESE 1

AALl, AZNl, BARCl, BATSl, BGl, BLTl, BPl, GSKl, HSBAl, LLOYl, RDSAl, RDSBl, RIOl, SABl, STANl, TSCOl, VODl, XTAl

Price Range
 Tick Size
0.0001 - 0.9999 0.0001
1.0000 - 4.9995 0.0005
5.000 - 9.999 0.001
10.000 - 49.995 0.005
50.00 - 99.99 0.01
100.00 - 499.95  0.05 
500.00 - 999.90 0.10  
1000.00 - 4999.50 0.50
5,000 - 9,999 1
10,000+ 5

OTHER securities

GBP denominated securities (except the indices and exceptions listed above):

Price Range
 Tick Size
0.01 - 9.99 0.01
10.00 - 499.75 0.25
500.00 - 999.50 0.50
1000.00 1.00

For EUR and USD denominated securities (except the indices and exceptions listed above):

Price Range
 Tick Size
0.0001 - 0.9999 0.0001
0.1 - 4.9975 0.0025
5.0 - 9.995 0.005
10.00 0.01

Exceptions to the dynamic tick tables:

UMTF Code Name ISIN Static Tick Size
ISFl iSHARES FTSE100 ETF IE0005042456 0.10
L100l Lyxor ETF FTSE100 FR0010438127 0.01
IUSAl iShares S&P 500 Index Fund - London IE0031442068 0.25
IBZLl iShares MSCI Brazil IE00B0M63516 0.250
IEEMl iShares MSCI Emerging Markets IE00B0M63177  0.250
PHAGl ETFS Physical Silver $ JE00B1VS3333 0.0025
PHSPl ETFS Physical Silver £ JE00B1VS3333 0.01
PHAUl ETFS Physical Gold $ JE00B1VS3770  0.01
PHGPl  ETFS Physical Gold £ JE00B1VS3770 0.01
GBSl  Gold Bullion Securities $ GB00B00FHZ82  0.01
GBSSl  Gold Bullion Securities £  GB00B00FHZ82 0.01