ZAR/USD

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ZAR/USD

Quotes | Contract Specifications | Performance Bonds / Margins | Product Calendar | Resources

ZAR/USD Futures

Trade Unit	500,000 South African rand
Settle Method	Physical Delivery
Point Size	1 point = $.00001 per South African rand = $5.00 per contract

Tick Size(Min Fluctuations)

GLOBEX

Regular0.000025=$12.50Calendar Spread0.000025=$12.50All or None0.000025=12.

FLOOR

Regular0.000025=$12.50Calendar Spread0.000025=$12.

Limits/Price Banding

GLOBEX

No limits

FLOOR

No limits

Trading Hours

GLOBEX

Sundays: 3:00 p.m. – 4:00 p.m. Central Time (CT) next day.
Monday – Friday: 5:00 p.m. – 4:00 p.m. CT the next day, except on Friday - closes at 4:00 p.m. and reopens Sunday at 3:00 p.m. CT.

FLOOR

7:20 a.m.-2:00 p.m.

Position Accountability

Position accountability trigger Levels: 6,000 futures-equivalent contracts; Position Limit: 5,000 futures-equivalent contracts for Spot month***

Listed

GLOBEX

FLOOR

All listed series

Product Codes

GLOBEX

Clearing=RA Ticker=RA GLOBEX=6Z AON=UR (20 Threshold)

FLOOR