Chapters
Chapters

Bitcoin US Dollar Price Over/Under Event Futures

TermValue
Product NameBitcoin US Dollar Price Over/Under Event Futures
Product CodeEBUC
Contract Size$1.00 per contract
Price QuotationUS Dollars
Tick Size$0.01
Tick Value$0.01 per contract
Price Band Variation$0.01
Price Limit$0 - $1.00
Position Limit1,000,000 contracts
Reportable Position Level1,000 contracts
MarginUS Dollars
Market HoursRule 501
Contract Listing & TerminationRule 502
Settlement MethodFinancially - BUS Implied Spot Price
Settlement PriceRule 509
Options Product CodeN/A
Options Exercise StyleN/A
Options Strike Price Listing IntervalN/A
Additional TermValue
Date-Time of EventContract expiration
Over/Under Price$150,000

Final Settlement Outcome Determination

The final settlement will be computed according to Rule 509.6 and then compared to the Over/Under Price. If the computed settlement price is at or above the Over/Under Price, the final settlement price is $1.00. If the computed settlement price is below the Over/Under Price, the final settlement price is $0.00.

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