BTC Futures - Contract Specs

Description

BTC Monthly Futures are cash-settled denominated in USD

Contract Symbol

GFBTF

Underlying

GFO-X/Coin Metrics Single Asset Real-Time Bitcoin Index (GFOXBR)

Currency

US Dollars and Cents

Contract Size

1 BTC

Settlement

Cash-settled

Minimum Price Movement (Tick Value)

$5 USD

Expiry Months

Serials: First 3 serial months expiries from the Jan, Feb, Mar, Apr, May, Jun, Jul, Aug, Sept, Oct, Nov, and Dec cycle 

Quarterlies: Next 3 quarterly expiries from the Mar, Jun, Sep, Dec cycle

Last Trading Day

Trading terminates at 16:00 London Time on the last Friday of the Contract Month. If the last Friday of the Contract Month is not a Trading Day, trading terminates on the prior Trading Day

Settlement Day

First Trading Day after last Trading Day

Trading Hours

TBC

Daily Settlement Price

The Daily Settlement Price is based on GFO-X’s Settlement Price Determination Methodology at 17:30 London Time

Final Settlement Price

The Final Settlement Price is calculated on the Last Trading Day for that Contract Month based on the GFO-X/Coin Metrics Single Asset London 4pm Bitcoin Index (GFOXBE) which is a Time Weighted Average Price between 15:01 and 16:00 London Time on the GFOXBR Index

Block Trading Minimum Size

25 Lots

Resources

United Kingdom

1/F 36-38 Botolph Lane

London

EC3R 8DE

Hong Kong

21/F & 23/F LKF29

29 Wyndham Street

Central

Hong Kong


Global Futures and Options Ltd (GFO-X) is authorised and regulated in the UK by the Financial Conduct Authority ("FCA") with firm reference number 945035

Global Futures and Options Ltd is registered in England and Wales under Company Number 13018987

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