The contract size of most equity option contracts is 100 shares. However, the contract size for commodities and financial instruments such as currencies and interest rate futures varies widely. For example, the contract size for a Canadian dollar futures contract is C$100,000, while the size of a soybean contract traded on the Chicago Board of Trade is 5,000 bushels.
The size of a gold futures contract on the COMEX is 100 ounces. Therefore, each $1 move in the price of gold translates into a $100 change in the value of the gold futures contract.
Investment dictionary. Academic. 2012.
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contract size — The eligible size of a commodity that can be traded by the futures contract. Chicago Mercantile Exchange Glossary The amount of the underlying asset which one futures contract represents, e.g. the contract size for a copper contract is 25 tonnes … Financial and business terms
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contract — [kän′trakt΄] for n. & usually for vt.1 & vi.1 [; kən trakt′] for v. generally n. [OFr < L contractus, pp. of contrahere, to draw together, make a bargain < com , together + trahere, to DRAW] 1. an agreement between two or more people to do… … English World dictionary
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Contract Air Cargo — IATA ICAO TSU Callsign TRANSAUTO Founded 1983 Fleet size 16 Destinations … Wikipedia
contract — ► NOUN 1) a written or spoken agreement intended to be enforceable by law. 2) informal an arrangement for someone to be killed by a hired assassin. ► VERB 1) decrease in size, number, or range. 2) (of a muscle) become shorter and tighter in order … English terms dictionary
Contract — Con*tract (k[o^]n*tr[a^]kt ), v. i. 1. To be drawn together so as to be diminished in size or extent; to shrink; to be reduced in compass or in duration; as, iron contracts in cooling; a rope contracts when wet. [1913 Webster] Years contracting… … The Collaborative International Dictionary of English
contract — I. noun Etymology: Middle English, from Anglo French, from Latin contractus, from contrahere to draw together, make a contract, reduce in size, from com + trahere to draw Date: 14th century 1. a. a binding agreement between two or more persons or … New Collegiate Dictionary
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