Position limits for commodity derivative contracts (2023)

Singapore Jet Kerosene Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SRS*‡

38,250(25.0%)

18,350 (30.0%)

Lots

Calendar Month

White Sugar Futures

IFLX

Ice Futures Europe - Agricultural Products Division

W

18,950 (20.0%)

23,300 (25.0%)

Lots

Whole spot month^

Weekly CFD - Dated Brent (Platts) vs Second Month (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFT

27,100 (34.9%)

30,600 (25.0%)

Lots

Calendar Week†

Weekly CFD - Dated Brent (Platts) vs First Month BFOE (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFD

31,000 (40.0%)

70,500 (23.0%)

Lots

Calendar Week†

UK Natural Gas Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

M

60,350 (23.0%)

147,850 (21.5%)

Lots

Calendar Month

UK Feed Wheat Futures

IFLX

Ice Futures Europe - Agricultural Products Division

T

3,600 (24.8%)

3,750 (36.8%)

Lots

Whole spot month^

UK Base Electricity Future (Gregorian)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UBL

TBA

TBA

Lots

Calendar Month

TD3C FFA - Middle East Gulf to China (Baltic) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TDL*‡

4,300 (25.0%)

21,500 (50.0%)

Lots

Calendar Month

Singapore Mogas 92 Unleaded vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

STB*

25,350 (45.0%)

25,350 (45.0%)

Lots

Calendar Month

Robusta Coffee Futures

IFLX

Ice Futures Europe - Agricultural Products Division

RC

19,700(20.0%)

35,800 (25.0%)

Lots

Whole spot month^

Heating Oil Outright - NYH ULSD Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

O62

TBA

TBA

Lots

Calendar Month

Permian West Texas Intermediate (WTI) Crude Oil Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

HOU

TBA

TBA

Lots

Calendar Month

NYH (RBOB) Gasoline Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

N

17,200 (25.0%)

12,250 (33.4%)

Lots

Calendar Month

Naphtha Diff - Naphtha C+F Japan vs Naphtha CIF NWE Cargoes Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JOE*

TBA

TBA

Lots

Calendar Month

Naphtha Crack - Naphtha CIF NWE Cargoes vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NOB*

TBA

TBA

Lots

Calendar Month

Naphtha Crack - Naphtha CIF NWE Cargoes (Platts) vs Brent 1st Line Future (in bbls)*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NBB*

6,850 (25.0%)

9,150 (25.0%)

Lots

Calendar Month

Naphtha CIF NWE Cargoes Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NEC*‡

TBA

TBA

Lots

Calendar Month

Naphtha - C+F Japan Cargo Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NJC*‡

2,500 (39.9%)

3,050 (24.9%)

Lots

Calendar Month

Monthly CFD - Dated Brent (Platts) Vs First Month BFOE (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFM

26,500 (25.0%)

6,550 (34.9%)

Lots

Calendar Month

Low Sulphur Gasoil Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

G*

58,850 (43.5%)

152,600 (14.5%)

Lots

Calendar Month

WTI Crude Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

T

30,000 (25.0%)

138,100 (17.0%)

Lots

Calendar Month

Heating Oil Outright - NYH ULSHO Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

O67

TBA

TBA

Lots

Calendar Month

Low Sulphur Gasoil 1-Month Calendar Spread Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UUM

TBA

TBA

Lots

Calendar Month

LME HRC NW Europe (Argus)

XLME

The London Metal Exchange

HN

TBA

TBA

Lots

TBA

Crude Outright - Daily BFOET (Platts) M1 Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BF1

TBA

TBA

Lots

Calendar Month

Crude Outright - Daily BFOET (Platts) M2 Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BF2

TBA

TBA

Lots

Calendar Month

Crude Outright - Daily BFOET (Platts) M3 Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BF3

TBA

TBA

Lots

Calendar Month

Gasoline Outright - MTBE FOB Singapore (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGK

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Middle East Jet Kero FOB Arab Gulf (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GCV

TBA

TBA

Lots

Calendar Month

LPG (BLPG3) FFA Houston to Chiba (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFA

TBA

TBA

Lots

Calendar Month

LME Steel Scrap CFR Taiwan (Argus)

XLME

The London Metal Exchange

ST

TBA

TBA

Lots

TBA

LME Steel Scrap CFR India

XLME

The London Metal Exchange

SI

TBA

TBA

Lots

TBA

LME Lithium Hydroxide CIF (Fastmarkets MB)

XLME

The London Metal Exchange

LH

TBA

TBA

Lots

TBA

LME Aluminium UBC Scrap US (Argus)

XLME

The London Metal Exchange

UC

TBA

TBA

Lots

TBA

LME Steel HRC FOB China (Argus)

XLME

The London Metal Exchange

HC

TBA

TBA

Lots

TBA

LME Aluminium Premium Duty Paid European (Fastmarkets MB)

XLME

The London Metal Exchange

ED

TBA

TBA

Lots

TBA

Spark30S Atlantic Sabine Pass to Gate LNG Freight Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

LFI

TBA

TBA

Lots

Calendar Month

Spark25S Pacific NWS to Tianjin LNG Freight Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

LFH

TBA

(Video) Client Level Position Limit | Equity Derivatives

TBA

Lots

Calendar Month

WIM LNG (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WIM

TBA

TBA

Lots

Calendar Month

UK NBP Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UKD

TBA

TBA

Lots

Calendar Month

Dutch TTF Gas 1st Line Financial Futures (USD/MMBTU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TFU

TBA

TBA

Lots

Calendar Month

Primary Aluminium Monthly Average Future

XLME

The London Metal Exchange

OA

TBA

TBA

Lots

TBA

LME Steel Rebar

XLME

The London Metal Exchange

SR

TBA

TBA

Lots

TBA

LME Steel HRC N. America (Platts)

XLME

The London Metal Exchange

HU

TBA

TBA

Lots

TBA

Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULA*

33,850 (25.0%)

24,550 (27.0%)

Lots

Calendar Month

London Cocoa Futures

IFLX

Ice Futures Europe - Agricultural Products Division

C

48,350 (20.0%)

102,550 (25.0%)

Lots

Whole spot month^

API2 Rotterdam Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ATW*

5,550 (24.9%)

38,800 (20.5%)

Lots

Calendar Month

Crude Diff - Urals Med vs Dated Brent CFD Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UCF*

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Fuel Oil 3.5% FOB Rotterdam Barges vs Brent 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BOB

6,400 (24.9%)

11,200 (24.9%)

Lots

Calendar Month

Fuel Oil 380 CST Singapore Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SYS*‡

4,075 (49.8%)

10,050 (22.0%)

Lots

Calendar Month

Fuel Oil 3.5% FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BAR*‡

2,850(49.8%)

15,400 (20.4%)

Lots

Calendar Month

Dubai 1st Line Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DBI*‡

41,400 (25.0%)

75,800 (25.0%)

Lots

Calendar Month

Diesel Diff - ULSD 10ppm CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULF*

TBA

TBA

Lots

Calendar Month

Diesel Diff - Diesel 10PPM FOB ARA Barges (Platts) vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULE*

TBA

TBA

Lots

Calendar Month

Dated Brent Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PDB*‡

26,500 (25.0%)

73,450 (23.0%)

Lots

Calendar Month

Crude Future - Brent 1-Month Calendar Spread Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BRM

138,950 (25.0%)

115,000 (50.0%)

Lots

Calendar Month

Crude Diff - Urals North vs Dated Brent CFD Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CFU*

5,450 (25.0%)

10,900 (49.9%)

Lots

Calendar Month

Crude Diff - Dated Brent vs Dubai 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PDD

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 1% FOB NWE Cargoes vs 3.5% FOB Rotterdam Barges Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

FOS*

TBA

TBA

Lots

Calendar Month

Crude Diff - Dated Brent vs Brent 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DBF*

105,700 (25.0%)

145,950 (25.0%)

Lots

Calendar Month

Crude Diff - CPC Blend CIF MED Cargoes (Platts) vs Dated Brent (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DCR*

TBA

TBA

Lots

Calendar Month

Crude Diff - Brent 1st Line vs Dubai 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BOD*

35,100 (25.0%)

60,750 (25.0%)

Lots

Calendar Month

Brent Crude Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

B

75,000 (13.5%)

294,850 (10.5%)

Lots

Calendar Month

Brent 1st Line Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

I*‡

133,350(24.0%)

85,300 (28.0%)

Lots

Calendar Month

Biodiesel Diff Argus BioD FAME 0 FOB ARA Range (RED Compliant) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BFZ

TBA

TBA

Lots

Calendar Month

Argus Euro-bob Oxy FOB Rotterdam Barges vs Brent 1st Line Future (in Bbls)*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AEB*

12,950 (24.9%)

23,850 (40.0%)

Lots

Calendar Month

Argus Euro-Bob Oxy FOB Rotterdam Barges Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AEO*‡

4,750 (24.8%)

6,450 (39.9%)

Lots

Calendar Month

API4 Richards Bay Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

AFR*

2,425 (24.8%)

4,700 (23.9%)

Lots

Calendar Month

Fuel Oil Crack - Fuel Oil 3.5% FOB Rotterdam Barges vs Brent 1st Line Future (in Bbls)*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BOA*‡

8,000 (24.9%)

22,400 (24.9%)

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 380 CST Singapore vs 3.5% FOB Rotterdam Barges Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SJS*

5,100(24.8%)

7,000 (24.8%)

Lots

Calendar Month

LME Zinc

XLME

The London Metal Exchange

ZS

7,000 (19.0%)

78,800 (14.5%)

Lots

Other §

JKM LNG (PLATTS) Future (IFEU)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JKM

16,550 (25.0%)

26,500 (44.8%)

Lots

Calendar Month

LME Tin

XLME

The London Metal Exchange

SN

1,700(22.9%)

4,750 (22.3%)

Lots

Other §

LME Steel Scrap

XLME

The London Metal Exchange

SC

TBA

TBA

Lots

Calendar Month

LME Silver

XLME

The London Metal Exchange

AG

TBA

TBA

Lots

Other §

LME Nickel

XLME

(Video) Market Wide Position Limit | Equity Derivatives

The London Metal Exchange

NI

25,150 (20.0%)

80,200 (21.0%)

Lots

Other §

LME Lead

XLME

The London Metal Exchange

PB

4,950(22.9%)

33,700 (19.5%)

Lots

Other §

LME Gold

XLME

The London Metal Exchange

AU

TBA

TBA

Lots

TBA

LME Copper

XLME

The London Metal Exchange

CA

13,950 (17.0%)

106,900 (18.0%)

Lots

Other §

LME Aluminium

XLME

The London Metal Exchange

AH

47,450 (14.5%)

202,950 (16.5%)

Lots

Other §

Jet Fuel Diff - Singapore Jet Kerosene Cargoes (Platts) vs Singapore Gasoil 0.05% (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SVW*

24,600 (25.0%)

24,600 (25.0%)

Lots

Calendar Month

Jet Fuel Diff - Jet CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULJ*

5,800(25.0%)

5,800 (25.0%)

Lots

Calendar Month

Gasoil Crack - Low Sulphur Gasoil 1st Line vs Brent 1st Line Future (in Bbls)*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

ULD*‡

52,100 (25.0%)

91,700 (35.0%)

Lots

Calendar Month

Heating Oil Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

O

20,800 (25.0%)

15,350 (44.5%)

Lots

Calendar Month

globalCOAL Newcastle Coal Futures*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NCF*

2,700 (24.8%)

11,700 (22.5%)

Lots

Calendar Month

Gasoline Diff - Singapore Mogas 95 Unleaded vs Singapore Mogas 92 Unleaded Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMD

6,050 (34.9%)

6,050 (34.9%)

Lots

Calendar Month

Gasoline Diff - Singapore Mogas 92 Unleaded (Platts) vs Argus Eurobob Oxy FOB Rotterdam Barges Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GDK

14,900 (24.9%)

23,850 (40.0%)

Lots

Calendar Month

Gasoline - Singapore Mogas 92 Unleaded (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMT*‡

41,050(25.0%)

39,400 (41.0%)

Lots

Calendar Month

Gasoil Outright - Singapore Gasoil 0.05% (Platts) Future*‡

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SWS*‡

62,800 (35.0%)

51,800 (25.0%)

Lots

Calendar Month

Gasoil Diff - Singapore Gasoil 0.05% (Platts) vs Low Sulphur Gasoil 1st Line Future (in Bbls) *

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SWW*

37,500 (25.0%)

45,650 (25.0%)

Lots

Calendar Month

Gasoil Diff - Singapore Gasoil (Platts) vs Singapore Gasoil 0.05% (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GSW*

10,200 (25.0%)

14,300 (35.0%)

Lots

Calendar Month

Gasoil Crack - Singapore Gasoil 0.05% (Platts) vs Dubai 1st Line (Platts) Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SFG*

TBA

TBA

Lots

Calendar Month

Wet Freight - TC18 FFA - US Gulf to Brazil (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WFB

TBA

TBA

Lots

Calendar Month

Dirty FFA - Cross-UKC (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFG

TBA

TBA

Lots

Calendar Month

E10 Eurobob FOB Rotterdam Barges (Platts) vs Brent 1st Line Future (in Bbls)¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFE

TBA

TBA

Lots

Calendar Month

Marine Fuel 0.5% CIF Med Cargoes (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MGX

TBA

TBA

Lots

Calendar Month

Marine Fuel 0.5% FOB Med Cargoes (Platts) vs Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Future¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MDK

TBA

TBA

Lots

Calendar Month

Crude Diff - Daily WTI Midland (DAP Augusta) (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGH

TBA

TBA

Lots

Calendar Month

Crude Diff - Daily WTI Midland (DAP Rotterdam) (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGG

TBA

TBA

Lots

Calendar Month

Crude Diff - WTI Midland (DAP Augusta) (Platts) vs Dated Brent (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGE

TBA

TBA

Lots

Calendar Month

Crude Diff - WTI Midland (DAP Augusta) (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGD

TBA

TBA

Lots

Calendar Month

Crude Diff - WTI Midland (DAP Rotterdam) (Platts) vs Dated Brent (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

CGC

TBA

TBA

Lots

Calendar Month

Crude Outright - Brent Singapore Marker 1st Line Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BSG

TBA

TBA

Lots

Calendar Month

Crude Outright - Brent Singapore Marker 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BSF

TBA

TBA

Lots

Calendar Month

Crude Outright - CPC Blend CIF (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFJ

TBA

TBA

Lots

Calendar Month

Crude Outright - CPC Blend CIF (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JFI

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Future (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFR

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Future (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFT

TBA

TBA

Lots

Calendar Month

Crude Outright - ICE WTI Crude Oil Last Day Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WLD

TBA

TBA

Lots

Calendar Month

Gasoline Outright - ICE (RBOB) Gasoline Last Day Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NLD

TBA

TBA

Lots

Calendar Month

Heating Oil Outright - ICE (NYH) Heating Oil Last Day Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OLD

TBA

TBA

Lots

Calendar Month

TTF 1st Line (USD/MMBtu) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TFU

TBA

TBA

Lots

Calendar Month

Jet CIF NWE CG Option

TCDS

Tradition OTF

1000051

TBA

TBA

MT

(Video) Price Limits

Calendar Month

Jet CIF NWE CG vs LS Gasoil Option

TCDS

Tradition OTF

2000104

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG Option

TCDS

Tradition OTF

1004278

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG vs LS Gasoil Option

TCDS

Tradition OTF

2001113

TBA

TBA

MT

Calendar Month

Jet CIF NWE CG

TCDS

Tradition OTF

1000050

TBA

TBA

MT

Calendar Month

Jet CIF NWE CG vs LS Gasoil

TCDS

Tradition OTF

2000049

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG

TCDS

Tradition OTF

1002173

TBA

TBA

MT

Calendar Month

Diesel 10ppm CIF NWE CG vs LS Gasoil

TCDS

Tradition OTF

50000028

TBA

TBA

MT

Calendar Month

PetChem Outright - Paraxylene CFR Taiwan/China (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PCA

TBA

TBA

Lots

Calendar Month

PetChem Diff- Paraxylene CFR Taiwan/China (Platts) vs Naphtha C+F Japan Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

PCB

TBA

TBA

Lots

Calendar Month

Gasoline Crack - Singapore Mogas 92 Unleaded (Platts) vs Dubai 1st Line (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNQ

TBA

TBA

Lots

Calendar Month

Gasoline Crack Option - Singapore Mogas 92 Unleaded (Platts) vs Dubai 1st Line (Platts) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNQ

TBA

TBA

Lots

Calendar Month

Biodiesel Diff - Argus Biodiesel FAME -10 FOB ARA Range (RED Compliant) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNS

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Low Sulphur Gasoil 1st Line Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNT

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Singapore (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNU

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNV

TBA

TBA

Lots

Calendar Month

Gasoline Outright Option - Singapore Mogas 92 Unleaded (Platts) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

SMT

TBA

TBA

Lots

Calendar Month

Gasoline Crack Option - Singapore Mogas 92 Unleaded (Platts) vs Brent 1st Line Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

STB

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFY

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Marine Fuel 0.5% FOB Singapore (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFZ

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Fuel Oil 3.5% FOB Rotterdam Barges (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNW

TBA

TBA

Lots

Calendar Month

Fuel Oil Outright - Fuel Oil 380 CST Singapore (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNX

TBA

TBA

Lots

Calendar Month

Diesel Outright – ULSD 10PPM CIF NWE (Restricted Origin) Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDU

TBA

TBA

Lots

Calendar Month

Diesel Diff – ULSD 10PPM CIF NWE (Restricted Origin) Cargoes (Platts) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDV

TBA

TBA

Lots

Calendar Month

Diesel Outright – Diesel 10PPM CIF NWE (Le Havre) (Restricted Origin) Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDW

TBA

TBA

Lots

Calendar Month

Diesel Diff – Diesel 10PPM CIF NWE (Le Havre) (Restricted Origin) Cargoes (Platts) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDX

TBA

TBA

Lots

Calendar Month

Diesel Outright – Diesel 10PPM UK CIF NWE (Restricted Origin) Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDY

TBA

TBA

Lots

Calendar Month

Diesel Diff – Diesel 10PPM UK CIF NWE (Restricted Origin) Cargoes (Platts) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

DDZ

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Future (in MTs)¬

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEN

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack - Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Future (in MTs

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEO

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack – Marine Fuel 0.5% FOB Singapore (Platts) vs Brent 1st Line Average Price Option (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFT

TBA

TBA

Lots

Calendar Month

Fuel Oil Crack – Marine Fuel 0.5% FOB Rotterdam Barges (Platts) vs Brent 1st Line Average Price Option (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

MFR

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 380 CST Singapore (Platts) vs 3.5% FOB Rotterdam Barges (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEY

TBA

TBA

Lots

Calendar Month

Fuel Oil Diff - Fuel Oil 180 CST Singapore (Platts) vs 380 CST Singapore (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEZ

TBA

TBA

Lots

Calendar Month

Diesel Crack - Diesel 10ppm FOB ARA Barges (Platts) vs Brent 1st Line Future (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEP

TBA

TBA

Lots

Calendar Month

Diesel Outright - ULSD 10ppm FOB Med Cargoes (Platts) Balmo Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEW

TBA

TBA

Lots

Calendar Month

Diesel Outright - ULSD 10ppm CIF Med Cargoes (Platts) Balmo Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEX

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Middle East Gasoil FOB Arab Gulf (Platts) Mini Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEV

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Singapore Gasoil (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GSR

(Video) Part I: CFTC Staff Roundtable on Position Limits for Physical Commodity Derivatives, 06/19/14

TBA

TBA

Lots

Calendar Month

Gasoil Outright - Low Sulphur Gasoil Micro Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

GNT

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Jet CIF NWE Cargoes (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JCM

TBA

TBA

Lots

Calendar Month

Jet Fuel Outright - Singapore Jet Kerosene (Platts) Mini Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

RSM

TBA

TBA

Lots

Calendar Month

Biodiesel Diff - Argus HVO FOB ARA Range (Class II) vs Low Sulphur Gasoil 1st Line Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

HVO

TBA

TBA

Lots

Calendar Month

Biodiesel Outright - Argus HVO FOB ARA Range (Class II) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BDA

TBA

TBA

Lots

Calendar Month

Biodiesel Outright - Argus UCOME FOB ARA Range (Red Compliant) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

BDB

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Argus Eurobob Non-Oxy FOB Rotterdam Barges Mini Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEQ

TBA

TBA

Lots

Calendar Month

Gasoline Outright - Argus Eurobob Non-Oxy FOB Rotterdam Barges Balmo Mini Future*

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TER

TBA

TBA

Lots

Calendar Month

Gasoline Crack - Argus Eurobob Non-Oxy FOB Rotterdam Barges vs Brent 1st Line Future (in MTs)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TET

TBA

TBA

Lots

Calendar Month

Gasoline Diff - Premium Unleaded Gasoline 10ppm FOB Med Cargoes (Platts) vs Argus Eurobob Non-Oxy FOB Rotterdam Barges Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TES

TBA

TBA

Lots

Calendar Month

Gasoline Diff - Argus Eurobob Non-Oxy FOB Rotterdam Barges vs Naphtha CIF NWE Cargoes (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TEU

TBA

TBA

Lots

Calendar Month

Naphtha Crack - Naphtha CIF NWE Cargoes (Platts) vs Brent 1st Line Average Price Option (in Bbls)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

NBB

TBA

TBA

Lots

Calendar Month

Clean FFA - Arab Gulf to Japan (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCY

TBA

TBA

Lots

Calendar Month

TC17 FFA - Arab Gulf to East Africa (Baltic) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCX

TBA

TBA

Lots

Calendar Month

TC18 FFA - US Gulf to Brazil (Baltic) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

TCW

TBA

TBA

Lots

Calendar Month

LPG (BLPG) FFA - Middle East Gulf to East 44,000 Mts (Baltic) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAT

TBA

TBA

Lots

Calendar Month

TD20 FFA - West Africa to UK Continent (Baltic) Average Price Option

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAC

TBA

TBA

Lots

Calendar Month

ITALY FIN PEAK (08-20) / Swiss Peak

TCDS

Tradition OTF

601841

TBA

TBA

Lots

Calendar Month

France Financial BSLD

TCDS

Tradition OTF

601469

TBA

TBA

Lots

Calendar Month

France Financial Peak

TCDS

Tradition OTF

601473

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2017-2021 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2018-2022 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2019-2023 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2020-2024 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2021-2025 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2022-2026 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2023-2027 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2024-2028 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2025-2029 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

Nature-Based Solution Carbon Credit Vintage 2026-2030 Futures

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

OVA

TBA

TBA

Lots

Calendar Month

UK Carbon Emissions Allowances (“UKA”) Options Contract

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

UKA

TBA

TBA

Lots

Calendar Month

Crude Outright – Johan Sverdrup (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSF

TBA

TBA

Lots

Calendar Month

Crude Outright – Johan Sverdrup (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSB

TBA

TBA

Lots

Calendar Month

Crude Diff – Johan Sverdrup (Platts) vs Dated Brent (Platts) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSC

TBA

TBA

Lots

Calendar Month

Crude Diff – Johan Sverdrup (Platts) vs Dated Brent (Platts) Balmo Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

JSD

TBA

TBA

Lots

Calendar Month

Gasoil Outright – Gasoil 0.1% FOB ARA Barges (Platts) Micro Future (10 MT)

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

THK

TBA

TBA

Lots

Calendar Month

TC11 FFA - South Korea to Singapore (Baltic) Future

IFEU

INTERCONTINENTAL EXCHANGE - ICE FUTURES EUROPE

WAK

TBA

TBA

Lots

Calendar Month

FAQs

What is a commodity derivative contract? ›

Commodity derivatives are investment tools that allow investors to profit from certain commodities without possessing them. The buyer of a derivatives contract buys the right to exchange a commodity for a certain price at a future date. The buyer may be buying or selling the commodity.

What is futures contract position limit? ›

A position limit is a preset level of ownership established by exchanges or regulators that limits the number of shares or derivative contracts that a trader, or any affiliated group of traders and investors, may own.

What is commodity limit? ›

It allows the price of a given commodity to rise or fall within an expanded range on the days after the commodity's fixed limit price was reached.

What is speculative position limit? ›

Speculative position limits are established to ensure that no individual trader, firm, or group of traders can exert outsized or unfair influence on markets. You can see the specific position limits of each contract listed here. More information on speculative position limits is available in our Nadex Rulebook.

What are the 4 main types of derivatives? ›

The four major types of derivative contracts are options, forwards, futures and swaps. Options: Options are derivative contracts that give the buyer a right to buy/sell the underlying asset at the specified price during a certain period of time.

What are the types of commodity derivatives? ›

Derivatives markets involve two types of commodity derivatives: futures and forwards; these derivatives contracts use the spot market as the underlying asset and give the owner control of the same at a point in the future for a price that is agreed upon in the present.

How are position limits determined? ›

The position limit applicable to a particular option class is determined by the options exchanges based on the number of shares outstanding and trading volume of the security underlying the option. Positions are calculated on both the long and short side of the market.

What are position limits in trading? ›

Position limits are limits to the permitted size of a single counterparty's exposure to a single contract. They are commonly applied by derivatives exchanges for risk management purposes.

How do you determine market wide position limit? ›

Market Wide Position Limit
  1. NSE open interest (.zip)
  2. Combined open interest across exchanges (.zip)
  3. Download the file for Security in ban period for the next trade date (.csv)
  4. Archives.
5 Aug 2020

What is the lowest limit of the price of a commodity? ›

Floor price is the minimum price for a commodity or service.

What sets the highest price limit of a commodity? ›

Just like equity securities, commodity prices are primarily determined by the forces of supply and demand in the market. 2 For example, if the supply of oil increases, the price of one barrel decreases. Conversely, if demand for oil increases (which often happens during the summer), the price rises.

What is limit down in futures? ›

The term “limit down” refers to the maximum amount a commodity future or stock price can decrease in a single trading day. Limit down comes from the Limit Up-Limit Down Rule, which was created by the SEC to fight high levels of market volatility.

What is client wise position limits? ›

As per exchange, the Client wise position limit refers to the highest number of options or futures contracts a client is allowed to hold on one underlying stock.

What is a speculative position? ›

Speculative-position-limit definition

The maximum long or short position that a futures or options exchange allows a trader to hold. An exemption is made for hedge funds that comply with rules set up by the exchange or the Commodity Futures Trading Commission.

What is aggregate short position limit? ›

– A participant's negative position in a given currency must not exceed the limit called the "short position limit" (SPL), – The sum of a participant's negative positions must not exceed the limit called the "aggregate short position limit" (ASPL).

What is the main purpose of derivatives? ›

The key purpose of a derivative is the management and especially the mitigation of risk. When a derivative contract is entered, one party to the deal typically wants to free itself of a specific risk, linked to its commercial activities, such as currency or interest rate risk, over a given time period.

What are the two types of derivatives? ›

The four different types of derivatives in India are as follows:
  • Forward Contracts.
  • Future Contracts.
  • Options Contracts.
  • Swap Contracts.

What are the 7 differentiation rules? ›

What are the Differentiation Rules?
  • Power Rule.
  • Sum and Difference Rule.
  • Product Rule.
  • Quotient Rule.
  • Chain Rule.

What are the three commodities? ›

Three of the most commonly traded commodities include oil, gold, and base metals.

What is the difference between commodities and derivatives? ›

Generally speaking, commodities trade either in spot markets or derivatives markets. Spot markets are also referred to as “physical markets” or “cash markets” where buyers and sellers exchange physical commodities for immediate delivery. Derivatives markets involve forwards, futures, and options.

How many types of commodities are there? ›

You can classify the commodities into two types- Hard and Soft. Hard commodities are those that have to be extracted from the Earth. These include metals and minerals, such as gold, silver, copper, etc. Even crude oil is considered a hard commodity.

Is there a limit to how many options contracts I can buy? ›

Every set of options has its own unique position limit. Many large-cap stocks have a position limit of 250,000, meaning no investor can obtain more than 250,000 contracts on the same side of the market. The same side of the market relates to the options being bullish or bearish.

What is the difference between an accountability level and a position limit? ›

Position Limits are calculated on a net futures-equivalent basis by contract and include contracts that aggregate into one or more base contracts as set forth in the Table. Position Accountability Levels are levels which a market participant may exceed and not be in violation of an Exchange Rule.

What are limits options? ›

With a buy limit order, you can set a limit price, which should be the maximum price you want to pay for a contract. The contract will only be purchased at your limit price or lower. With a sell limit order, you can set a limit price, which should be the minimum amount you want to receive for a contract.

What is a commodity under the Commodity Exchange Act? ›

Commodity: (1) A commodity, as defined in the Commodity Exchange Act, includes the agricultural commodities enumerated in Section 1a(4) of the Commodity Exchange Act, 7 USC 1a(4), and all other goods and articles, except onions as provided in Public Law 85-839 (7 USC 13-1), a 1958 law that banned futures trading in ...

Are the maximum number of contracts that a speculator may hold? ›

If the limit is crossed by any trader at any given point of time during the trading day, it is considered as a violation. For instance, the Commodity Futures Trading Commission may specify that a trader or a group of traders is not allowed to hold more than 15 contracts on a specific stock in a day.

What is a reportable position CFTC? ›

Reportable Positions. Clearing members, futures commission merchants, and foreign brokers (collectively called reporting firms) file daily reports with the Commission. Those reports show the futures and option positions of traders that hold positions above specific reporting levels set by CFTC regulations.

What is 95 percent of the market-wide position limit? ›

As per exchange rules, at the end of the day, outstanding open positions in the security should not exceed 95% of this 20% limit. So in the above case, outstanding open positions should not be more than 76 shares (95% of 80 shares).

What is market-wide position limit in the F&O segment on the NSE? ›

For stocks having applicable market-wide position limit (MWPL) of Rs. 500 crores or more, the combined futures and options position limit is 20% of applicable MWPL or Rs. 300 crores, whichever is lower and within which stock futures position cannot exceed 10% of applicable MWPL or Rs. 150 crores, whichever is lower.

What is an open position in trading? ›

An open position is a trade that has been established, but which has not yet been closed out with an opposing trade. If an investor owns 300 shares of a stock, they have an open position in that stock until it is sold.

Do all futures contracts have price limits? ›

There are two parts in the price limits for some futures contracts: an initial price limit and a variable price limit (some futures contracts do not have variable price limits). Initial price limits are fixed, restricting the transactions from settling above the upper limits or below the lower limits.

Why are there price limits in futures? ›

The existence of price limits in certain futures markets is explained by demonstrating that price limits may act as a partial substitute for margin requirements in ensuring contract performance.

How do price limits work with futures? ›

Price limits are the maximum price range permitted for a futures contract in each trading session. These price limits are measured in ticks and vary from product to product. When markets hit the price limit, different actions occur depending on the product being traded.

What factors determine the price of a commodity? ›

Six Factors Affecting Commodity Price Volatility
  • Mother Nature. Weather and natural disasters around the world often have an effect on the price of materials. ...
  • Supply and Demand. ...
  • Storage levels & transportation constraints. ...
  • Geopolitics. ...
  • Market information. ...
  • Seasonality.
2 Jan 2020

What determines the price of the commodity on the market? ›

Introduction. Price is dependent on the interaction between demand and supply components of a market. Demand and supply represent the willingness of consumers and producers to engage in buying and selling. An exchange of a product takes place when buyers and sellers can agree upon a price.

What are the causes of high prices of commodities? ›

The main reasons are the Ukraine war and supply-chain disruption due to Covid-19. According to the Uganda Bureau of Statistics, the price of cooking oil increased by 21 % between December 2021 and February 2022, and the annual rise was 77.6 %.

What is the limit up limit down rule? ›

The SEC's Limit Up-Limit Down (“LULD”) Rule prohibits trading activity in exchange-listed securities at prices outside specified price bands (“upper band”; “lower band”), which are established at a percentage level above and below the average price of a security over the immediately preceding 5-minute period.

What triggers a limit down? ›

What Is Limit Down? Limit down is a decline in the price of a futures contract or a stock large enough to trigger trading restrictions under exchange rules. Limits on the speed of market price movements, up or down, aim to dampen unusual volatility and to give traders time to react to market-moving news, if any.

What is the 9 45 rule? ›

Rule 1: no trades placed before 9:45 AM.

However, there are some cases where an opportunity is just too good to pass up. Thus we will stick with 9:45 AM. There will be countless times over the course of this journey where I'll see a buyer or a seller in the tape.

What is the difference between financial derivatives and commodity derivatives? ›

Since financial assets are not bulky, they do not need special facility for storage, transport even in case of physical settlement. On the other hand, due to the bulky nature and physically existence of the underlying assets, physical settlement in commodity derivatives creates the need for warehousing.

What is the difference between commodities and derivatives? ›

Generally speaking, commodities trade either in spot markets or derivatives markets. Spot markets are also referred to as “physical markets” or “cash markets” where buyers and sellers exchange physical commodities for immediate delivery. Derivatives markets involve forwards, futures, and options.

How do commodity futures contracts work? ›

Commodity futures contracts are agreements to buy or sell a specific quantity of a commodity at a specified price on a particular date in the future. Commodities include metals, oil, grains and animal products, as well as financial instruments and currencies.

Is a commodity futures a derivative? ›

A commodity futures contract is a type of derivative whereby investors enter into an agreement to buy or sell a fixed amount of a commodity at a predetermined price on a predetermined date.

What is the difference between equity commodity and derivatives? ›

As the commodity market is a derivative market, it is governed by SEBI norms with strict regulations. In the equity market, the price of one equity corresponds to the price of another equity instrument. In the commodity market, price of one commodity is not related to another commodity.

What are the types of commodity market? ›

Types of Commodity Market:
  • Bullion: Gold, Silver.
  • Base Metals: Aluminum, Brass, Copper, Lead, Nickel, Zinc.
  • Energy: Crude oil, Natural gas.
  • Agri commodities:Black pepper, Cardamom, Castor seed, Cotton, Crude palm oil, Mentha oil, Palmolein, Rubber.

Which is better commodity or equity? ›

Equity investment is more likely to suit long term goals while the commodity market can be a better choice for investors eyeing short term gains. Therefore an investor most importantly should keep in mind the basic difference of ownership and holding time frame between equities and commodities.

What are the three commodities? ›

Three of the most commonly traded commodities include oil, gold, and base metals.

Which of the following can be the underlying for a commodity derivative contract? ›

Understanding Derivatives

The most common underlying assets for derivatives are stocks, bonds, commodities, currencies, interest rates, and market indexes.

Which of these is an example of commodity? ›

Some traditional examples of commodities include grains, gold, beef, oil, and natural gas. More recently, the definition has expanded to include financial products, such as foreign currencies and indexes.

How do you trade commodities contracts? ›

The most common way to trade commodities is to buy and sell contracts on a futures exchange. The way this works is you enter into an agreement with another investor based on the future price of a commodity.

What is the difference between futures and commodities? ›

Futures are a type of financial derivative in which you agree to buy or sell a certain asset at a certain price at a particular time in the future. Commodities are a type of asset representing fungible goods, such as oil, iron ore, or wheat. Commodities are usually traded using futures.

What is a derivative where are commodity futures contracts traded? ›

These are derivativeswhose value is determined by that of an underlying asset. A futures contract allows a buyer or seller to buy or sell a commodity at a predetermined price in the future. Commodity futures are available for a variety of products like wheat, cotton, petroleum, gold, silver, natural gas, and so on.

How do you explain commodity futures? ›

Basics of Futures Trading
  1. A commodity futures contract is an agreement to buy or sell a particular commodity at a future date.
  2. The price and the amount of the commodity are fixed at the time of the agreement.
  3. Most contracts contemplate that the agreement will be fulfilled by actual delivery of the commodity.

What is futures contract derivative? ›

Futures contracts are financial derivatives that oblige the buyer to purchase some underlying asset (or the seller to sell that asset) at a predetermined future price and date.

Are commodity derivatives securities? ›

Understanding the Types of Commodity Markets in India

The commodity derivatives market, however, deals with derivative securities such as futures options and swaps. Market participants not only trade simple derivative securities, but also hybrid derivative instruments.

Videos

1. Futures Market Explained
(Harvest Public Media)
2. Part II: CFTC Staff Roundtable on Position Limits for Physical Commodity Derivatives, 06/19/14
(CFTC)
3. Mechanics of Futures Markets (FRM Part 1 – Book 3 – Chapter 5)
(AnalystPrep)
4. Lecture 4: Futures Contract Specifications (Contd.)
(Commodity Derivatives and Risk Management)
5. Forwards Contracts (Derivatives): Forward Rate, Spot Rate, Bid & Ask Rate, Profit & Loss
(FinTank Solutions)
6. Silver, CFTC Position Limits
(syyenergy7)
Top Articles
Latest Posts
Article information

Author: Jamar Nader

Last Updated: 21/03/2023

Views: 5744

Rating: 4.4 / 5 (75 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Jamar Nader

Birthday: 1995-02-28

Address: Apt. 536 6162 Reichel Greens, Port Zackaryside, CT 22682-9804

Phone: +9958384818317

Job: IT Representative

Hobby: Scrapbooking, Hiking, Hunting, Kite flying, Blacksmithing, Video gaming, Foraging

Introduction: My name is Jamar Nader, I am a fine, shiny, colorful, bright, nice, perfect, curious person who loves writing and wants to share my knowledge and understanding with you.