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