Gold 100 Troy Ounce Perpetual Futures
| APEX Gold 100 Troy Ounce Perpetual Futures | |
|---|---|
| Contract Code | AUP100 |
| Contract Size | 100 troy ounce/lot |
| Quote Currency | USD |
| Minimum Price Fluctuation | US $0.10/troy ounce |
| Tick Value | US $10 |
| Contract Series | Perpetual Contract |
| Trading Hours |
LBMA Gold Price AM Publication Day T Session: T+1 Session: T stands for a given Trading Day. There will be no T+1 Session on the non-LBMA Gold AM Publication Day or the previous Trading Day of a non-LBMA Gold Am Publication Day. |
| Last Trading Day | Not Applicable as there is no maturity date. |
| Daily Price Limit | +/-10% of previous Trading Day’s Daily Settlement Price. |
| Daily Settlement Price | The Daily Settlement Price of a given day shall be equal to the LBMA Gold Price AM published by IBA in troy ounce. |
| Final Settlement Price | Not Applicable as there is no maturity date. |
| Settlement Method | Cash Settlement in USD against the Daily Settlement Price. |
| Rollover Fees |
Rollover Fees shall be applied to all open positions at the end of the T Session. The Rollover Fees will be calculated and collected during the end-of-day clearing cycle at the end of each Trading Day. The formula is as follows: The Rollover Rates used to calculate the Rollover Fees will be published on the APEX website. |
| Block Trade | Minimum 10 lots |
| Initial Margin | Based on SPAN (Click to see Margin Schedule) |
| Maximum Order Size | 500 lots |