Launch of New Gold Futures Contract

Informative

More opportunities for gold price exposure

New Gold Futures Contract makes gold exposure more affordable to retail investors.

In line with the demand from investors interested in diversifying their portfolios, B3 will launch a new listed derivative that tracks the price of gold on the global market – the Gold Futures Contract.

The product will facilitate the implementation of strategies such as trading the intraday volatility of gold price, using the asset as a hedge in times of financial market stress, or even speculating on the up and down price movements of the reference asset.

The new contract is cash settled and has a notional value (the multiplication of the size of the contract by the price of the underlying asset) approximately eight times lower than the gold futures contract previously available, making the new product more affordable to individual investors.

Project Tags:

Trading

Risk

Listed

In Progress

Commodities

Pricing

Clearinghouse

Product benefits

Trading in BRL

The product will be traded in Brazilian Reais, making life easier for Brazilian investors.

Affordable product

The contract has a small notional value, making it more affordable to individual investors.

Global price

The product tracks the price of gold on the global market.

Further strategies

The new Gold Futures contract allows investors to participate in both upward and downward movements of the price of gold.

Learn more

The listed derivative contract allows trading in the future price of gold, with B3 as the central counterparty.

Underlying: Fine gold, with 995 purity.
Contract size: 1 ounce (approximately 32 grams).
Quotation: Brazilian Reais per ounce, with up to three decimal places.
Contract month: 3 consecutive + February, April, August, October and December.
Settlement on expiration : Financial, at the average reference price of the LBMA (London Bullion Market Association) - PM (afternoon price).
Tick size: BRL0.50 per ounce.

Underlying: Fine gold in bars held in custody at B3.
Contract size: 250 grams.
Quotations: Brazilian Reais per gram ounce, with up to three decimal places.
Contract month: Monthly.
Settlement on expiration: Physical.
Tick size: BRL0.001 per gram.