XRP US Dollar Spot

Term	Value
Product Name	XRP US Dollar Spot
Product Code	XRPUSD
Contract Size	0.00000001 XRP (XRP)
Price Quotation	US Dollars per XRP
Tick Size	$0.00001 per XRP
Tick Value	$0.0000000000001 per contract
Price Band Variation	+/- 5% of the BBO midpoint
Price Limit	+/- 50% from previous session price
Position Limit	Long 320,000,000,000,000 contracts (3200000 XRP) / Short 180,000,000,000,000 contracts (1800000 XRP)
Reportable Position Level	90,000,000,000,000 contracts (900000 XRP)
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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