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Micro Australian Dollar Futures Contract

Micro Australian Dollar futures are 1/10 the size of the full Australian Dollar futures contract. They allow you to trade the value of the Australian dollar against the U.S. dollar in a liquid and transparent market. The AUD/USD is typically the fifth-most traded currency pair in the foreign exchange (forex) market. Though Australia only ranks 13th in the world in terms of GDP, its status as an important commodity producer and key trading partner with developing Asian economies gives its currency an outsized importance.

Contract Unit

10,000 Australian dollars

Futures Contract
Symbol

 

CME Globex: M6A

Trading Hours 

CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).

Minimum Price
Fluctuation

0.0001 USD per AUD tick = $1.00

Contract Months

Quarterly: March, June, September & December

Settlement Method

Deliverable

Price Limit / Circuit

Source: CME Group

The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.

Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.

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