24 Aug 2012 contract markets: CME, CBOT, NYMEX and COMEX. Acquired by CME Group Our options markets are based on option contracts on futures. 28 Feb 2010 This is a change from the current method of settlement, where the lead contract month for gold and silver are settled to the midpoint of Globex CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX. COMEX Gold futures (ticker symbol GC) represent the world’s leading benchmark futures contract for gold prices. The contract offers superior liquidity, trading the equivalent of nearly 27 million ounces daily.
The Shanghai Gold Price is the renminbi Gold benchmark, generated by spot auctions held at SGE. As this regional benchmark starts to attract more interest from investors around the world, the new Shanghai benchmark-based futures contracts serve a unique need in the markets, available via CME Group’s COMEX exchange. Each COMEX gold contract controls 100 troy ounces of at least 995 fineness gold. If gold is priced at $1,700 an ounce, a gold contract is valued at $170,000. Each option contract controls 100 ounces of gold. If the cost of an option is $12, then the amount paid for the option is $12 x 100 = $1200. Buying a gold futures contract which controls 100 ounces requires $7,150 in initial margin. Buying physical gold requires the full cash outlay for each ounce purchased.
Things to know about the contracts: Physically delivered; Block-trade eligible; American-style options; Can be traded off-exchange for clearing only through CME Contracts are listed for 60 months forward, enabling the establishment of a forward price curve. Electronic futures trading available on CME Globex, facilitating risk
The latest Tweets from CME Group (@CMEGroup). Activity in Shanghai Gold futures contracts picked up since the end of the Chinese New Year with ADV CME Group's vast and liquid family of option contracts on futures can help you diversify to buy or sell one COMEX December Gold futures contract. Premium. 15 Nov 2019 Warrants facilitate the transfer of delivery under a Comex contract. Why else would the CME allow the open interest in gold contracts to dwarf Symbol, Future, Exchange, Hours, Months, Contract Size, Point Value. ED, Eurodollar (3 Month), CME, 7:20-14:00, H,M,U,Z, 1 mil EUR, 1 pt = $25.00. MTB is one of five depositories licensed to deliver gold against CME's benchmark 100-troy ounce gold contract, held 29,276 troy ounces of gold and 33,000 troy CME, TU, CBOT 2-year US Treasury Note CME, US, CBOT 30-year US Treasury Bond Gold, first contract, roll on open interest switch, no price adjustment MINI RUSSELL 2000 (CME), RTY, $5,170, $4,700, 25% of initial Bakkt Bitcoin Monthly Futures Contract, BTM, $3,080, $2,800, NONE Crude Oil, 30-Year Treasury Bond, 10-Year Treasury Note and full-sized Gold and Silver Futures.
A precious metals futures contract is a legally binding agreement for delivery of gold or silver at an agreed-upon price in the future. A futures exchange standardizes the contracts as to the quantity, quality, time, and place of delivery. Only the price is variable. Get updated commodity futures prices. Find information about commodity prices and trading, and find the latest commodity index comparison charts. Gold’s one of the world’s oldest measures of value. It’s also one of of the most actively traded commodities, thanks to CME’s Comex Gold Futures. These contracts use the symbol root GC and track 100 troy ounces of gold. That means every point represents $100 of change in clients’ accounts for each contract. CHICAGO and SHANGHAI, Sept. 11, 2019 /PRNewswire/ -- CME Group, the world's leading and most diverse derivatives marketplace, today announced the launch of two new gold futures contracts on October You can figure this out by multiplying the contract size by the current price of the futures contract. Consider gold: If gold futures are trading at $1,300 per ounce and the size of the CME gold futures contract is 100 ounces, the contract’s notional value would be $130,000 ($1,300 x 100). At today’s prices, therefore, a gold futures contract would be worth approximately $130,300 with gold currently trading at $1,303 per ounce. A silver futures contract would have a value of $103,150 with silver currently trading at $20.63 per ounce. Gold Futures Contracts - (n) legally binding agreements for the potential delivery of physical gold at an agreed-upon price in the future (although in the vast majority of gold futures contract trades, physical gold is never exchanged between trading parties, merely fiat currency is used for contract settlement).