Futures contract specifications

A common example is a contractor that knowingly fails to lay the specified foundation for a road but bills for the work as if it were done correctly. Click an arrow to open the description, symbol, exchange, or exchange abbreviation menu, then click a menu item. You can also type a symbol or exchange abbreviation to change the selection. Type the first letter of the description or exchange to move up and down the menu.

Many related documents are intended for use as part of a contract management system. The Specifications Definitions is a list of definitions of terms defining the web site project. This document is used as an attachment to the contract.

What is a minimum spread?

In theory, the buyer of one corn futures contract could hold the position until expiration and take physical delivery of the grain. how to pull cryptocurrency prices in excel In reality, most futures contracts are liquidated before expiration. In futures contracts—as with any investment—specifics matter.

The vast majority of retail investor accounts lose money when trading CFDs. RoboForex provides transparent information about financial instruments and conditions applicable to each of them. For convenience, we have collected all these necessary data in the “Contract specifications” table.

View Contract Specifications Definitions

Browse through our comprehensive contract specifications and decide which products you would like to add to your trading portfolio next. Every metal traded on the LME must conform to strict specifications regarding quality, lot size and shape. In other words, any cautionary tale you might have heard about a truckload of soybeans being dumped on your driveway because you forgot to close out a futures contract are untrue. In fact, unless you’re an authorized commercial entity, your broker will require you to liquidate all outstanding physically settled contracts well in advance of the final delivery date.

Otherwise, enter a time to update or compact the database. This change is helpful if you notice the database refreshing at an inconvenient time for you. If you drag the borders of the CSpec window, you’ll notice that the CSpec itself does not change its size even though the window does. To return the CSpec to its previous state, right-click the Setup button, then click Size to Fit.

This is also a good way to start planning your trading strategies, as you’ll get in the habit of keeping each Start and Close time in mind. See our minimum spreads, pip values, swap fees and other conditions. Adjustments will be displayed as a separate journal entry in the client trading account. Harness past market data to forecast price direction and anticipate market moves. Trade up today – join thousands of traders who choose a mobile-first broker. Thank you for visiting our website.Please note that we do not accept residents from United States Of Americaas clients.

Get more from the markets when you join FXTM

Just to pop back to basics – a spread is the difference between the ask price and the bid price . You might have heard it referred to as the ‘cost of trading’. When we talk about ‘minimum spreads’, we’re talking about the lowest possible amount that trade could cost. To account for continuous positions held over the weekend, 3-Day swaps are applied at market close on Friday for CORN, SOYBEANS and WHEAT. To account for positions held over the weekend, 3-Day swaps are applied at market close on Wednesday for Gold, Gold Zero, Gold Mini, Silver, Silver Zaro and Silver Mini.

Swap short for keeping short positions open overnight, and Swap long for keeping long positions open overnight. The interest you pay will vary depending on what you’re trading. Take a deeper dive into the markets we offer and get in on the trading action today. We will display the adjustment as a separate journal entry in the client’s trading account. If the overall dividend amount for a distinct equity position is less than 0.5 cents, we will round the dividend to 0.

Risk management

The four areas below the drop-down menus provide the specifications for the selected symbol. The Purchaser or its representative shall have the right to inspect and / or to test the Goods to confirm their conformity to the Contract specifications at no extra cost to the Purchaser. The CSIR-IIIM Jammu or its representative shall have the right to inspect and/or to test the Goods to confirm their conformity to the Contract specifications at no extra cost to the CSIR-IIIM Jammu. The Procuring Entity or its representative shall have the right to inspect and/or to test the Goods to confirm their conformity to the Contract specifications at no extra cost to the Procuring Entity. The Procuring entity or its representative shall have the right to inspect and/or to test the goods to confirm their conformity to the Contract specifications. Contract Specificationsmeans all necessary trading information concerning payout ratios, expiration time, etc., as determined in the Company’s main website xxx.XXXXXXX.xxx.

The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes. Based out of Auckland, New Zealand, we bring an institutional trading experience to the retail market. Access free of charge market data reports or purchase historical data.

Crypto spreads are subject to change depending on market conditions. For Platinum and High Grade Copper a 3-Day swaps are applied at market closed on Friday. ThinkMarkets may charge inactivity fee, in case there was no trading activity (i.e. trading/withdrawing/depositing) in your account for a set of period of at least ninety calendar days. You may contact our Customer Support Team for further details. Partner with ThinkMarkets today to access full consulting services, promotional materials and your own budgets. Note that all contracts are subject to the LME’s rules and regulations and LME Clear SPAN margining.

How LME Clear works

Click this button to scroll through the list of symbols for the exchange selected on the CSpec window. Click this button to switch from options to underlying futures symbol. Click this button to switch from underlying futures symbol and options. Hours are listed by range and by date for special situations, such as a holiday or contract expiration. Commodity exchanges can make extensive information resources available to you.

Following the links below will take you to the identified document or specification in PDF format. Most of these files have been created using Adobe Acrobat software that makes the text accessible to assistive technology. Please note that documents and specifications created and approved before October 1, 2019, may contain the former name of NLS. Data from international markets with as little as an internet connection. Real-time U.S. equities, futures and index data with more to come.

European Equities Cboe Europe Equities is the largest stock exchange in Europe by value traded. Our trusted markets are some of the largest and most reliable in the world. We operate equities, options, futures and FX markets across North America, Europe and Asia Pacific.

Rulebook and notices

Lots represent the amount of the asset that you are buying or selling. There are three most common types of lots – the standard, the mini and the micro. Lot sizes just means how much of a product you’re trading. While the forex market is open 24 hours a day, 5 days a week, this doesn’t apply to all financial markets.

One of the key benefits of USD-settled contracts is that you can easily calculate your returns in fiat. For example, when you make 500 USDT in profit, you can easily estimate that the profit is worth approximately $500 – since the value of 1 USDT is pegged closely to 1 USD. You can customize the contract document as much as you need. You can also use the included Wizard software to automate merging in name/address data. The repeated acceptance, without objection, of a contractor’s failure to meet specifications could indicate corruption of the inspection function. A contractor can commit fraud by falsely claiming to have completed a contract according to its specifications when it knows that it did not.

• Otherwise, enter a time to update or compact the database.
• I have been looking for a solicitor to do some contracts but thank god I stumbled onto your site.
• For Platinum and High Grade Copper a 3-Day swaps are applied at market closed on Friday.
• Harness the market intelligence you need to build your trading strategies.
• LME Clear provides clearing and settlement services for users of the London Metal Exchange on all Ring, electronic and telephone trades.

Futures contract specifications spell out quantities, expiration dates, and other key details buyers and sellers must be aware of. Trading Hours – the days and hours in which the commodity is traded. Create winning business proposals & contracts with minimal effort and cost. Proposal software, proposal templates, legal contracts and sample proposals.

Instead, you would cash settle your short position, much like offsetting a contract by buying. You should be aware of the settlement terms of the commodity you are trading. Table 1 shows https://day-trading.info/ for various agricultural commodities.