AllXBTUSD1263.4+1.60%XBTM171270.1+2.02%LTC7D0.01194+1.19%ETC7D0.003223+1.45%REP7D0.010943+15.08%ETHJ170.03992-0.70%XRP7D0.00002707+4.64%FCT7D0.005497-1.40%XMRJ170.016031-2.77%XBJM17139828+0.63%DASHJ170.058535+3.29%ZECM170.056719+2.20%XBCM177720.0+4.85%B_BLOCKSZ1727.00+0.00%B_SEGWITZ1737.01+0.00%.BXBT1263.13+1.35%.XBTCNY7162.67+0.10%.XBTJPY139073.01+0.60%.ETHXBT0.03964-0.90%.ZECXBT0.0549020+0.53%.BVOL24H1.25-28.16%Funding: @ -0.0036%Time:
FCT7D: Contract Specification
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: Apr 28, 2017, 12:00 PM ()

View the Futures Guide

Full Contract Details

Ticker RootFCT7D: every 7 days
Expiry DateApr 28, 2017, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.005551
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0.0000413
Fair Basis Rate87%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest7,017
Session Volume1,100
24H Turnover73.1659 XBT
Total Volume4,615,003
TypeSettled in XBT, quoted in XBT
Contract Size1 FCT (Currently 0.0055 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