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.
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