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GOLDM lot size 10, Terminal allow only 100 qty to trade

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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #1

    #MCX
    GOLDM contract are having lot size of 10, while trading Terminal allows only 100 qty to trade.

    it is taking lot size of standard GOLD contracts i.e.100

    Need correction.

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  • Neha Pandey Offline
    neha.pandey@definedge.comN Offline
    Neha Pandey

    Definedge

    wrote on last edited by
    #2

    The contract size of Gold is 100 grams, and the price quotation is 10 grams.
    Below is the link for your reference:
    https://www.mcxindia.com/docs/default-source/products/contract-specification/gold-mini/gold-mini-august-2022-contract-onwards.pdf?sfvrsn=bc651491_0

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  • A Offline
    A Offline
    Trade AND Invest

    Pro User

    wrote on last edited by
    #3

    What I mean is .. Contract size of GOLDM is 1/10th of GOLD contracts.
    While terminal takes same qty for GOLD and GOLDM. You can check yourself by trying to place some orders for both, you will realize the issue.

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