Contract Size definition
Examples of Contract Size in a sentence
The spread is calculated as Contract Size * Lots * Minimum Spread Charge.
Please see our PDS for the updated minimum margin requirements and leverage ratios in accordance with the ASIC Corporations (Product Intervention Order—Contracts for Difference) Instrument 2020/986; each Admiral Product is tailored by Contract Size; Admiral Products traded on a Trading Platform will not be settled by the physical or deliverable settlement of the Underlying Reference Instrument on their Value Date.
WEB: Contract Rolling Fee = #Contracts x New Contract Spread x 25% MT5: Contract Rolling Fee = #Lots x Contract Size x New Contract Spread x 25% Example: WEB For a Buy position on OILUSD of 1000 contracts the new contract quotes are BID / ASK / Spread 61.40 / 61.48 / 0.08 Contract Rolling Fee = 1000 x 0.08 x 25% = 20 Client fee will be $20.00 for this single future rolling.
Here is the margin amount per instrument: • Forex & Metal Initial Margin or Maintenance Margin or Hedge Margin x Lot : Leverage • Index, CLU & Cryptocurrency Initial Margin or Maintenance Margin or Hedge Margin x Lot • Commodity Contract Size x Lot : Leverage Notes: • Initial Margin is the minimum funds required to open a position.
Quote is based on total group Average Contract Size (ACS) of 2.16.