| Trading unit |
What the contract
is based on. For example: one UK Gilt with a face value of
£100,000; or 100 tonnes of wheat; or index points valued at
£10 per point. |
| Price quotation |
How the contract
is quoted: per £100 face value of bonds; per tonne of wheat;
or Index points. |
| Expiry months |
Cycle of months the
contract is listed in. For example: March, June, September,
December. |
| Last trading day |
Day in the expiry
month when the contract stop trading (or formula to determine
it). |
| Delivery day(s) |
If physical delivery
is necessary and, if it is, the schedule for it to occur.
|
| Minimum price movement
(tick value) |
The minimum amount
the quotation can move by: For example: 0.01 (bonds); 5 pence
(wheat); 0.5 points (index). |
| Tick size |
Amount the minimum
movement in the quotation is worth when applied to the contract
as a whole. For example: £10 (UK Gilts); £5 (wheat); £5 (index). |
| Trading hours |
Hours during which
the contract is availabe for trading on the exchange. |
