The term Contract size refers to the deliverable quantity of a commodity or security named as the underlying asset in a futures, options, or CFD contract.
In simpler words, it is the number of units of a financial instrument that is traded once a position is opened.
Contract size is measured in Lots.
Here is a list of the standard contract sizes for the assets provided by Amega:
Asset category | Asset name | Contract size (1 lot =) |
FOREX (currency pairs) | Any currency pair | 100,000 units of the base currency |
Gold | 100 troy ounces | |
| Silver | 5,000 troy ounces |
| Palladium | 100 troy ounces |
| Platinum | 100 troy ounces |
Crude Oil | 1,000 barrels | |
| Natural Gas | 10,000 mmBtu |
Any US Stock | 100 shares | |
Any Index | 1 index |