- Trading Screen Product Name
- Gold Daily Futures
- Trading Screen Hub Name
- ICUS
- Contract Symbol
AUD
- Contract Size
100 fine troy ounces
- Price Quotation
US Dollars and cents per fine troy ounce
- Eligible Contract Dates
London Business Days on which commercial banks are generally open
for business in New York.
- Minimum Price Fluctuation
One cent ($0.0100) per fine troy ounce ($1.00 per contract), except
that Block and EFRP trades may be executed at $0.0001 per fine troy
ounce ($0.01 per contract).
- Settlement
Physical Delivery
- Delivery Locations
Vaults in London operated by an LPMCL member which provides
vaulting services for gold.
- Grade/Standards/Quality
Gold meeting the specification standards published by the LBMA for
gold bars that are acceptable in settlement of unallocated loco
London gold transactions, as revised from time to time
- Daily Price Limit
None
- Listing Cycle
Up to 70 Eligible Contract Dates.
- Last Trading Day
The London Business Day prior to the Contract Date; trading in the
expiring Contract Date ends at noon London time on LTD.
- First Notice Day
The London Business Day prior to the Contract Date.
- Off Exchange Trade Types
EFP, EFS and Block Trades permitted
- Block Trade Minimum
5 lots
- Fees
Screen, EFRP and Crossing Order Trades: $1.00 per side
Block Trades: $1.10 per side
- Daily Settlement
15:00 to 15:05 pm London time
- Position Limit
50,000 lots in any month/all months combined
- MIC Code
- IFUS
- Clearing Venues
- ICUS