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XAG-PERP

XAG-PERP

Silver Metals Perpetual Future

XAG-PERP

metals

Silver Metals Perpetual Future

Tick Size

0.01

Maintenance Margin

15%
(6.7x)

Initial Margin

30%
(3.3x)

Lot Size

1

Contract Details

Contract Size

1 ounce per contract

Multiplier

1

Price Quotation

U.S. dollars per ounce

Tick Size

0.01

Minimum Order Size

1

Contract Expiry

Perpetual (no expiration date)

Pricing & Benchmark

Underlying Benchmark

XAG WMR Metals Daily Closing Rate

Contract Mark Price

Average price on ArchitectX at London 4pm

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

Daily around 4:00 P.M. London time

Settlement Currency

Average price on ArchitectX at London 4pm

Funding Rate Cap

-1% / 1%

Funding Calendar

All days where a valid Underlying Benchmark Price AND Contract Mark Price are published

XAG-PERP

metals

Silver Metals Perpetual Future

Tick Size

0.01

Maintenance Margin

15%
(6.7x)

Initial Margin

30%
(3.3x)

Lot Size

1

Contract Details

Contract Size

1 ounce per contract

Multiplier

1

Price Quotation

U.S. dollars per ounce

Tick Size

0.01

Minimum Order Size

1

Contract Expiry

Average price on ArchitectX at London 4pm

Pricing & Benchmark

Underlying Benchmark

XAG WMR Metals Daily Closing Rate

Contract Mark Price

Average price on ArchitectX at London 4pm

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

Daily around 4:00 P.M. London time

Settlement Currency

Average price on ArchitectX at London 4pm

Funding Rate Cap

-1% / 1%

Funding Calendar

All days where a valid Underlying Benchmark Price AND Contract Mark Price are published

XAG-PERP

metals

Silver Metals Perpetual Future

Tick Size

0.01

Maintenance Margin

15%
(6.7x)

Initial Margin

30%
(3.3x)

Lot Size

1

Contract Details

Contract Size

1 ounce per contract

Multiplier

1

Price Quotation

U.S. dollars per ounce

Tick Size

0.01

Minimum Order Size

1

Contract Expiry

Perpetual (no expiration date)

Pricing & Benchmark

Underlying Benchmark

XAG WMR Metals Daily Closing Rate

Contract Mark Price

Average price on ArchitectX at London 4pm

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

Daily around 4:00 P.M. London time

Settlement Currency

Average price on ArchitectX at London 4pm

Funding Rate Cap

-1% / 1%

Funding Calendar

All days where a valid Underlying Benchmark Price AND Contract Mark Price are published

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