GREAT PACIFIC TRADING CURRENCY PRICES

Help on the Australian Dollar (AD)

Australian Dollar Futures are traded on the Chicago Mercantile Exchange. The price of the Australian Dollar is quoted in cents per Australian Dollar. The standard contract size is 100,000 Australian Dollars. The minimum trading increment is 0.01 cents/Australian Dollar.

Australian Dollar prices are read as follows:

A price of 64.68 would be read as 64.68 cents per Australian Dollar..

A move from 64.68 to 65.68 would be a difference of $1,000.00 excluding commissions and fees. The minimum change is 0.01 point or $10.00

Formula: $0.6568 - $0.6468 = $0.0100 *100,000 = $1,000.00

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