A currency future is a contract to exchange one currency for another at a specified date in the future at a price (exchange rate) that is fixed on the purchase date. An investor sells a certain currency with relatively low interest rate and uses the funds to purchase a different currency yielding a higher interest rate. Alfa offers Futures trading in Australian dollar, British pound, euro and more.
Product | Symbol | Contract Unit | Contract Size | Instrument Type | Initial Margin | Tick Size | Contract Month |
---|---|---|---|---|---|---|---|
Australian Dollar | AD | Australian Dollar | 100000 | Futures - Currency | 1000 | 0.0001 | Mar,Jun,Sep,Dec |
British Pound | BP | British Pound | 62500 | Futures - Currency | 1000 | 0.0001 | Mar,Jun,Sep,Dec |
Euro | EC | Euro | 125000 | Futures - Currency | 2000 | 0.0001 | Mar,Jun,Sep,Dec |
Swiss Franc | SF | Swiss Franc | 125000 | Futures - Currency | 2000 | 0.0001 | Mar,Jun,Sep,Dec |
Japanees Yen | JY | Yen | 12500000 | Futures - Currency | 1000 | 0.0001 | Mar,Jun,Sep,Dec |
Newzeland Dollar | NZ | Newzeland Dollar | 100000 | Futures - Currency | 1000 | 0.0001 | Mar,Jun,Sep,Dec |
Canedian Dollar | CD | Canedian Dollar | 100000 | Futures - Currency | 1000 | 0.0001 | Mar,Jun,Sep,Dec |