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Architect Penta South Korean Won Futures Contract

TermValue
Product NameArchitect Penta South Korean Won Futures Contract
Product CodeAKRW
Contract Size100,000 KRW
Price QuotationUS dollars per KRW
Tick SizeUSD 0.0000001 per KRW
Tick ValueUSD 0.01 per contract
Price Band Variation1%
Price Limit50%
Position Limit7,500,000
Reportable Position Level100
Market HoursRule 501 - Market Hours - 24/7
Contract Listing & TerminationNearest two weekly, nearest two monthly and nearest two quarterly expirations. Final settlement: last business day of each cycle. Trading termination: 16:00 UK local time (Europe/London) on that day.
Settlement MethodCash settlement in US dollars; no physical delivery
Settlement PriceKRW WMR London 4pm Closing Spot Rate on the Final Settlement Date. Settlement prices are rounded to the nearest contract tick under Rule 509.

Source: CFTC product filing 26-128, Contract Specifications.

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