PAX Gold US Dollar Spot

Term	Value
Product Name	PAX Gold US Dollar Spot
Product Code	PAXGUSD
Contract Size	0.00000001 PAXG (PAX Gold)
Price Quotation	US Dollars per PAXG
Tick Size	$0.01 per PAXG
Tick Value	$0.0000000001 per contract
Price Band Variation	+/- 7.5% of the BBO midpoint
Price Limit	+/- 50% from previous session price
Position Limit	Long 33,000,000,000 contracts (330 PAXG) / Short 39,000,000,000 contracts (390 PAXG)
Reportable Position Level	16,500,000,000 contracts (165 PAXG)
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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