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BNO-PERP

BNO-PERP

US Brent Oil Fund US Equity Perpetual Future

BNO-PERP

equities

US Brent Oil Fund US Equity Perpetual Future

Tick Size

0.01

Maintenance Margin

15%
(6.7x)

Initial Margin

30%
(3.3x)

Lot Size

1

Contract Details

Contract Size

1 share per contract

Multiplier

1

Price Quotation

U.S. dollars per share

Tick Size

0.01

Minimum Order Size

1

Contract Expiry

Perpetual (no expiration date)

Pricing & Benchmark

Underlying Benchmark

Arca Official Closing Price

Contract Mark Price

Average price on AX at 4pm New York Time

Price Bands

+/- 10% from prior Contract Mark Price

Margin Requirements

Initial Margin

30%
(3.3x)

Maintenance Margin

15%
(6.7x)

Initial margin is required to open a position. Maintenance margin is the minimum equity required to keep positions open.

Funding Details

Funding Frequency

Settlement Currency

Average price on AX at 4pm New York Time

Funding Rate Cap

-1% / 1%

Funding Calendar

BNO-PERP

equities

US Brent Oil Fund US Equity Perpetual Future

Tick Size

0.01

Maintenance Margin

15%
(6.7x)

Initial Margin

30%
(3.3x)

Lot Size

1

Contract Details

Contract Size

1 share per contract

Multiplier

1

Price Quotation

U.S. dollars per share

Tick Size

0.01

Minimum Order Size

1

Contract Expiry

Average price on AX at 4pm New York Time

Pricing & Benchmark

Underlying Benchmark

Arca Official Closing Price

Contract Mark Price

Average price on AX at 4pm New York Time

Price Bands

+/- 10% from prior Contract Mark Price

Margin Requirements

Initial Margin

30%
(3.3x)

Maintenance Margin

15%
(6.7x)

Initial margin is required to open a position. Maintenance margin is the minimum equity required to keep positions open.

Funding Details

Funding Frequency

Settlement Currency

Average price on AX at 4pm New York Time

Funding Rate Cap

-1% / 1%

Funding Calendar

BNO-PERP

equities

US Brent Oil Fund US Equity Perpetual Future

Tick Size

0.01

Maintenance Margin

15%
(6.7x)

Initial Margin

30%
(3.3x)

Lot Size

1

Contract Details

Contract Size

1 share per contract

Multiplier

1

Price Quotation

U.S. dollars per share

Tick Size

0.01

Minimum Order Size

1

Contract Expiry

Perpetual (no expiration date)

Pricing & Benchmark

Underlying Benchmark

Arca Official Closing Price

Contract Mark Price

Average price on AX at 4pm New York Time

Price Bands

+/- 10% from prior Contract Mark Price

Margin Requirements

Initial Margin

30%
(3.3x)

Maintenance Margin

15%
(6.7x)

Initial margin is required to open a position. Maintenance margin is the minimum equity required to keep positions open.

Funding Details

Funding Frequency

Settlement Currency

Average price on AX at 4pm New York Time

Funding Rate Cap

-1% / 1%

Funding Calendar

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