Contract | Parameters |
---|---|
Contract Symbol | DAUD |
Underlying | Australian Dollar ( AUD) |
Contract Size | AUD 50,000 |
Notional Contract Value | AUD 50,000 |
Trading Currency | US Dollars (USD) |
Settlement Currency | US Dollars (USD) |
Price Quote | US$ quoted in Cents per AUD |
Tick Size | US$ 0.0001 per AUD or US$ 5 per tick |
Tick Value | US$ 5 |
Settlement Basis | Cash |
Settlement | Physically Deliverable |
Last Day of Trading | Two Business days before third Wednesday of expiry month |
Trading Days | Monday through to Friday |
Trading Hours | 07:00 – 23:55 Hours Dubai time (GMT+4) |
Trading Months | Mar, Jun, Sep and Dec |
New Contract Listing | Business day immediately folloing the last trading day |
Max Order Size | 500 lots for Banks and institutions promoted by Banks. All other entities 200 Lots |
Daily Price Movement Limit | No Price Limits – Note 1* |
Initial Margin based on SPAN | Click on the “Initial Margin” TAB |
Calendar Spread Margin | 100% benefits is offered on calendar spread positions |
Delivery Period Margin | Five times the Initial Margin |