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Fetch.ai US Dollar Spot

TermValue
Product NameFetch.ai US Dollar Spot
Product CodeFETUSD
Contract Size0.00000001 FET (Fetch.ai)
Price QuotationUS Dollars per FET
Tick Size$0.0001 per FET
Tick Value$0.000000000001 per contract
Price Band Variation+/- 2% of the BBO midpoint
Price Limit+/- 50% from previous session price
Position LimitLong 140,000,000,000,000 contracts (1400000 FET) / Short 96,000,000,000,000 contracts (960000 FET)
Reportable Position Level48,000,000,000,000 contracts (480000 FET)
Market Hours24 hours per day, 7 days per week, subject to Rule 501
Contract Listing & TerminationRule 502 & Rule 514
Settlement MethodDeliverable - Rule 813 & Chapter 11; positions below the De Minimis Delivery Threshold are Cash Settled
De Minimis Delivery Threshold$0.50
Settlement PriceRule 509 & Chapter 11
Accepted Order TypesLimit, Market, Stop Loss, Stop Loss Limit, Take Profit, Take Profit Limit, Trailing Stop, Trailing Stop Limit, Iceberg

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Leveraged spot, perpetuals, futures, options, and prediction markets, all on one CFTC-regulated exchange with crypto margin and settlement.