- Trading Screen Product Name
- Bakkt BTC (USD) Monthly Future
- Trading Screen Hub Name
- Contract Symbol
- Contract Size
- Price Quotation
US Dollars per bitcoin, to two decimal places
- Minimum Price Fluctuation
$2.50 per bitcoin ($2.50 per contract).
Block Trades may be executed at $0.01 per bitcoin ($0.01 per
- Daily Price Limit
- Listing Cycle
Up to 12 consecutive contract months
- Final Settlement
Physical Delivery in the Bakkt Warehouse
- Delivery Locations
- Last Trading Day
The business day prior to the Delivery Day for the contract
Trading in the expiring contract month ceases at 2:30 pm NY time on
the Last Trading Day
- Last/Only Delivery Day
Up to and including the January 2022 expiry month: the third Friday
of the contract month.
For the February 2022 and later expiry months: the last Friday of
the contract month.
- Off Exchange Trade Types
EFRP and Block Trades permitted
- Block Trade Minimum
- NCR, RL and IPL Levels
NCR - $300.00
RL - $750.00
IPL - $1,500.00, 5 second recalculation and hold periods.
- Daily Settlement Window
4:58 to 5:00 pm EPT
- Position Limit
Spot Month Position Limit - 25,000 lots.
Position Accountability Level - 25,000 lots in any month and in all
- MIC Code
- Clearing Venues