XBTXBCXBJZECETHETCXMRXRPREPLTCFCTDASHCOINRecentAllXBTUSD1221.00+2.49%XBTH171254.82+2.22%DASH7D0.031834+18.96%ETH7D0.01304+0.69%XBJH17145888+4.05%XMR7D0.010006+0.71%XBCH178351.9+3.08%ETC7D0.001176+12.32%FCT7D0.002491-1.54%ZECH170.030304-4.70%XRP7D0.00000442-5.56%COIN_BH1750.00+11.11%REP7D0.003867-0.08%LTC7D0.00320-0.31%XBT/USD Spot1219.47+2.43%XBT/CNY Spot7958.22+1.72%XBT/JPY Spot142195.00+2.41%ETH/XBT Spot0.01300+0.93%ZEC/XBT Spot0.0325900+1.68%24H XBT Volatility2.13-30.84%Funding:  @ 0.0111%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: Mar 3, 2017, 12:00 PM ()

View the Futures Guide

Full Contract Details

Ticker RootFCT7D: every 7 days
Expiry DateMar 3, 2017, 12:00:00 PM
Initial Margin5.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin2.50% + Exit Taker Fee
Mark Price0.002420
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis-0.0000105
Fair Basis Rate-90%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest5,001
Session Volume3,000
24H Turnover41.9944 XBT
Total Volume3,302,146
TypeSettled in XBT, quoted in XBT
Contract Size1 FCT (Currently 0.0024 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