BTC Mini Weekly Futures - Contract Specs
Description

BTC Weekly Futures are cash-settled denominated in USD

Contract Symbol

GMBF1,GMBF2,GMBF3, and GMBF4, GMBF5 (where there is a 5th Friday expiry)

Underlying

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

Currency

US Dollars

Contract Size

0.1 BTC

Settlement

Cash-settled

Minimum Price Movement

$5 USD

Expiry Weeks

First 3 weekly expiries on a weekly rolling basis

Last Trading Day

Weekly contracts are listed on a rolling basis for a period of up to 3 calendar weeks. Each Weekly Futures series expires at 16:00 London Time on the specific Friday of a month indicated by the number in the trading symbol. If the specific Friday of the Contract Week is not a Trading Day, trading terminates on the prior Trading Day. 

Settlement Day

First Trading Day after last Trading Day

Trading Hours 

07:30 – 17:30 (London Time) (Pre-Open Session commences at 07:00 London Time)

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 Week 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

35 Ballards Lane

London, England

N3 1XW

Hong Kong

21/F LKF29

29 Wyndham Street

Central

Hong Kong


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