GOLD TAS Futures (CME COMEX: GCT) Contract Specifications
TAS = Trading at Settlement
Trading at Settlement (TAS) allows a market participant to buy or sell futures contracts during the trading day equal to the yet-to-be determined settlement price, or at a price up to 10 ticks above or below that price.
Minimum TAS Fluctuations (Tick Size):
(1) Minimum TAS Increment: 1
(2) Translated Tick: $ 0.10
TAS transactions are permitted in the first, second, third, fourth and fifth active contract months.
The active contract months are February, April, June, August, and December.
Trading Hours:
London
Singapore
| List of TAS eligible contract months |
|
| CONTRACT | Contract
code | Minimum
TAS
Increment | Translated
Tick | Summary | When the contract month becomes the spot month… | …these contract months are TAS-eligible |
GOLD | GCT | 1 | $0.10 | TAS transactions are permitted in the first, second, third, fourth and fifth active contract months.
The active contract months are February, April, June, August, and December. | February | April, June, August, December, February |
| April | June, August, December, February, April |
| June | August, December, February, April, June |
| August | December, February, April, June, August |
| December | February, April, June, August, December |
MICRO GOLD | MGT | 1 | $0.10 | TAS transactions are permitted in the first, second, and third active contract months.
The active contract months are February, April, June, August, and December. | February | April, June, August |
| April | June, August, December |
| June | August, December, February |
| August | December, February, April |
| December | February, April, June |
SILVER | SIT | 1 | $0.00 | For Silver Futures, TAS transactions are permitted in the first, second, third, fourth, and fifth active contract months.
The active contract months March, May, July, September, and December. | March | May, July, September, December, March |
| May | July, September, December, March, May |
| July | September, December, March, May, July |
| September | December, March, May, July, September |
| December | March, May, July, September, December |
PLATINUM | PLT |
| $0.10 | TAS transactions are permitted in the first and second active contract months.
The active contract months are January, April, July, and October. | January | April, July |
| April | July, October |
| July | October, January |
| October | January, April |
PALLADIUM | PAT | 1 | $0.10 | TAS transactions are permitted in the first contract month.
The active contract months are March, June, September, and December. | March | June |
| June | September |
| September | December |
| December | March |
COPPER | HGT | 5 | $0.00 | TAS transactions are permitted in the first, second, third, and fourth active contract months.
The active contract months are March, May, July, September, and December.
For Copper futures, TAS is also eligible in the spot month, known as TAS zero or TAS flat. Spot month TAS trades are only permitted at the settlement price. | March | May, July, September, December |
| May | July, September, December, March |
| July | September, December, March, May |
| September | December, March, May, July |
| December | March, May, July, September |
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