Product sheet | B3

Cash Settled Gold Futures Contract

  • UnderlyingFine gold, with a purity of 995.
    TickerGLD
    Contract size1 (one) troy ounce.
    QuotationValue expressed in U.S. Dollar per troy ounce, to two decimal places.
    Tick sizeUSD 0,25 per troy ounce.
    Round-lot1 (one) contract
    Last trading dayTrading day preceding the expiration date
    Expiration dateThird to last business day of the expiration month
    Contract months3 consecutive expirations + February, April, June, August, October, and December in the next 24 months.
    Settlement on expirationCash settlement by, pelo LBMA Gold Price PM[1]
  • 1 O LBMA Gold Price is a trade mark of Precious Metals Prices Limited, is licensed to ICE Benchmark Administration Limited (IBA) as the administrator of the LBMA Gold Price, and is used by B3 with permission under license by IBA.

    “The LBMA Gold Price, which is administered and published by ICE Benchmark Administration Limited (IBA), serve as, or as part of, an input or underlying reference for Cash Settled Gold Future Contract. LBMA Gold Price is a trade mark of precious metals prices limited, and is licensed to IBA as the administrator of the LBMA Gold Price. ICE Benchmark Administration is a trade mark of IBA and/or its affiliates. The LBMA Gold Price, and the trade marks LBMA Gold Price and ICE Benchmark Administration, are used by B3 with permission under license by IBA. IBA and its affiliates make no claim, predication, warranty or representation whatsoever, express or implied, as to the results to be obtained from any use of the LBMA Gold Price, or the appropriateness or suitability of the LBMA Gold Price for any particular purpose to which it might be put, including with respect to Cash Settled Gold Future Contract. To the fullest extent permitted by applicable law, all implied terms, conditions and warranties, including, without limitation, as to quality, merchantability, fitness for purpose, title or non-infringement, in relation to the LBMA Gold Price, are hereby excluded and none of IBA or any of its affiliates will be liable in contract or tort (including negligence), for breach of statutory duty or nuisance, for misrepresentation, or under antitrust laws or otherwise, in respect of any inaccuracies, errors, omissions, delays, failures, cessations or changes (material or otherwise) in the LBMA Gold Price, or for any damage, expense or other loss (whether direct or indirect) you may suffer arising out of or in connection with the LBMA Gold Price or any reliance you may place upon it."