Cardano US Dollar Spot

Term	Value
Product Name	Cardano US Dollar Spot
Product Code	ADAUSD
Contract Size	0.00000001 ADA (Cardano)
Price Quotation	US Dollars per ADA
Tick Size	$0.000001 per ADA
Tick Value	$0.00000000000001 per contract
Price Band Variation	+/- 7.5% of the BBO midpoint
Price Limit	+/- 50% from previous session price
Position Limit	Long 400,000,000,000,000 contracts (4000000 ADA) / Short 400,000,000,000,000 contracts (4000000 ADA)
Reportable Position Level	200,000,000,000,000 contracts (2000000 ADA)
Market Hours	24 hours per day, 7 days per week, subject to Rule 501
Contract Listing & Termination	Rule 502 & Rule 514
Settlement Method	Deliverable - Rule 813 & Chapter 11; positions below the De Minimis Delivery Threshold are Cash Settled
De Minimis Delivery Threshold	$0.50
Settlement Price	Rule 509 & Chapter 11
Accepted Order Types	Limit, Market, Stop Loss, Stop Loss Limit, Take Profit, Take Profit Limit, Trailing Stop, Trailing Stop Limit, Iceberg

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