New Zealand Dollar Futures Contract
The New Zealand Dollar is one of the 10 most-traded currencies in the world and accounts for around 1.6% of the global foreign exchange market daily turnover. New Zealand dollar futures allow traders to speculate and hedge risk against the U.S. dollar, as well as the opportunity to address risk from currency fluctuations in other foreign currency markets.
Contract Unit
100,000 New Zealand dollars
Futures Contract
Symbol
CME Globex: 6N
Trading Hours
CME Globex: Sunday – Friday 5:00 p.m. – 4:00 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
$.0001 per New Zealand dollar tick = $10.00
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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