JPYUSD-PERP

JPYUSD-PERP

Japanese Yen / US Dollar FX Perpetual Future

JPYUSD-PERP

fx

Japanese Yen / US Dollar FX Perpetual Future

Tick Size

0.000001

Maintenance Margin

4%
(25x)

Initial Margin

8%
(12.5x)

Lot Size

10000

Contract Details

Contract Size

1 Japanese Yen per contract

Multiplier

1

Price Quotation

U.S. dollars per Japanese Yen

Tick Size

0.000001

Minimum Order Size

10000

Contract Expiry

Perpetual (no expiration date)

Pricing & Benchmark

Underlying Benchmark

WMR London 4pm Closing Spot Rate

Contract Mark Price

Average price on AX at London 4pm

Price Bands

+/- 10% from prior Contract Mark Price

Margin Requirements

Initial Margin

8%
(12.5x)

Maintenance Margin

4%
(25x)

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 London 4pm

Funding Rate Cap

-1% / 1%

Funding Calendar

JPYUSD-PERP

fx

Japanese Yen / US Dollar FX Perpetual Future

Tick Size

0.000001

Maintenance Margin

4%
(25x)

Initial Margin

8%
(12.5x)

Lot Size

10000

Contract Details

Contract Size

1 Japanese Yen per contract

Multiplier

1

Price Quotation

U.S. dollars per Japanese Yen

Tick Size

0.000001

Minimum Order Size

10000

Contract Expiry

Average price on AX at London 4pm

Pricing & Benchmark

Underlying Benchmark

WMR London 4pm Closing Spot Rate

Contract Mark Price

Average price on AX at London 4pm

Price Bands

+/- 10% from prior Contract Mark Price

Margin Requirements

Initial Margin

8%
(12.5x)

Maintenance Margin

4%
(25x)

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 London 4pm

Funding Rate Cap

-1% / 1%

Funding Calendar

JPYUSD-PERP

fx

Japanese Yen / US Dollar FX Perpetual Future

Tick Size

0.000001

Maintenance Margin

4%
(25x)

Initial Margin

8%
(12.5x)

Lot Size

10000

Contract Details

Contract Size

1 Japanese Yen per contract

Multiplier

1

Price Quotation

U.S. dollars per Japanese Yen

Tick Size

0.000001

Minimum Order Size

10000

Contract Expiry

Perpetual (no expiration date)

Pricing & Benchmark

Underlying Benchmark

WMR London 4pm Closing Spot Rate

Contract Mark Price

Average price on AX at London 4pm

Price Bands

+/- 10% from prior Contract Mark Price

Margin Requirements

Initial Margin

8%
(12.5x)

Maintenance Margin

4%
(25x)

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 London 4pm

Funding Rate Cap

-1% / 1%

Funding Calendar