XBTXBCXBJZECETHETCXMRXRPREPLTCFCTRecentAllXBTUSD916.91-0.08%XBCH176360.1-0.71%XBTH17922.59-0.11%ETC7D0.001530+0.33%XMR7D0.013216-0.16%ETH7D0.01174-1.01%FCT7D0.003401+7.08%XRP7D0.00000749-0.13%LTC7D0.00421+0.48%ZECH170.047758+1.20%XBJ24H105472+0.00%REP7D0.005109+0.00%XBT/USD Spot917.56+0.29%XBT/CNY Spot6329.15-0.56%XBT/JPY Spot106160.00+0.64%ETH/XBT Spot0.01168-1.27%ZEC/XBT Spot0.0473800+0.59%24H XBT Volatility3.37+13.47%Funding:  @ -0.1139%Time:
Contract Specification: FCT7D
FCT7D
FCT7D is in the FCT (Factom) series.
FCT7D settles every 7D.

Description

FCT7D is a FCT/XBT Linear future settling every 7 days on the .FCTXBT30M Index. Each contract has a value equal to its price in Bitcoin. When it settles, all positions will be closed at the settlement price, and any open orders will be canceled. FCT7D is not relisted as a new symbol each time it settles, so that it can be tracked and charted as a single instrument.

Expiry: Jan 27, 2017, 12:00 PM ()

View the Futures Guide

Full Contract Details

Ticker RootFCT7D: every 7 days
Expiry DateJan 27, 2017, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.003466
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0.0000176
Fair Basis Rate40%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Limit Down-.--
Limit Up-.--
Risk Limit50 XBT
Risk Step50 XBT
Open Interest5,500
Session Volume0
24H Turnover22.3494 XBT
Total Volume2,940,535
TypeSettled in XBT, quoted in XBT
Contract Size1 FCT (Currently 0.0035 XBT per contract)
SettlementThis contract settles on the .FCTXBT30M index value at 12:00 PM GMT.
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.000001 XBT
Max Price100
Max Order Quantity10000000
Lot Size1