AllXBTUSD1263.4+1.61%XBTM171270.1+2.02%LTC7D0.01194+1.27%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+1.42%.XBTCNY7180.31+0.35%.XBTJPY139052.01+0.59%.ETHXBT0.03969-0.77%.ZECXBT0.0550000+1.01%.BVOL24H1.25-28.16%Funding: @ -0.0036%Time:
LTC7D: Contract Specification
LTC7D
LTC7D is in the LTC (Litecoin) series.
LTC7D settles every 7D.

Description

LTC7D is a LTC/XBT Linear future settling every 7 days on the .LTCXBT30M 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. LTC7D 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 RootLTC7D: every 7 days
Expiry DateApr 28, 2017, 12:00:00 PM
Initial Margin3.00% + Entry Taker Fee + Exit Taker Fee
Maint. Margin1.50% + Exit Taker Fee
Mark Price0.01189
Auto-Deleveraging EnabledYes: This contract is highly speculative and manages loss through auto-deleveraging.
Mark MethodFairPrice
Fair Basis0.00008
Fair Basis Rate79%
Fair Basis CalculationThis instrument is marked using the Impact Mid Price method.
Risk Limit50 XBT
Risk Step50 XBT
Open Interest83,112
Session Volume1,392
24H Turnover1,016.6231 XBT
Total Volume5,094,325
TypeSettled in XBT, quoted in XBT
Contract Size1 LTC (Currently 0.0118 XBT per contract)
SettlementThis contract settles on the .LTCXBT30M Index value at 12:00 PM GMT.
CommissionSee the Fees Reference for more details.
Minimum Price Increment0.00001 XBT
Max Price100
Max Order Quantity10000000
Lot Size1