In currency futures, the most commonly used contract size is 100,000. Currency futures are standardized contracts traded on exchanges, and they typically represent a notional value of a specific amount of currency. The flexibility of trading various contract sizes exists, but the standard contract size for a major currency pair, like the Euro or the British Pound, is usually 100,000 units of the base currency.

Here's a quick breakdown of the options provided:

1. 100 - This is not a typical contract size for currency futures.
2. 100,000 - This is the standard contract size used in currency futures.
3. 10 - This is too small to be a standard contract size.
4. 1,000 - This size is more common in forex spot trading, not in futures.

Therefore, the correct answer is **100,000**.

Question

In currency futures, the most commonly used contract size is 100,000. Currency futures are standardized contracts traded on exchanges, and they typically represent a notional value of a specific amount of currency. The flexibility of trading various contract sizes exists, but the standard contract size for a major currency pair, like the Euro or the British Pound, is usually 100,000 units of the base currency.

Here's a quick breakdown of the options provided:

1. 100 - This is not a typical contract size for currency futures.
2. 100,000 - This is the standard contract size used in currency futures.
3. 10 - This is too small to be a standard contract size.
4. 1,000 - This size is more common in forex spot trading, not in futures.

Therefore, the correct answer is **100,000**.

Knowee AI · Accepted Answer

In currency futures, the most commonly used contract size is 100,000. Currency futures are standardized contracts traded on exchanges, and they typically represent a notional value of a specific amount of currency. The flexibility of trading various contract sizes exists, but the standard contract size for a major currency pair, like the Euro or the British Pound, is usually 100,000 units of the base currency.

Here's a quick breakdown of the options provided:

1. 100 - This is not a typical contract size for currency futures.
2. 100,000 - This is the standard contract size used in currency futures.
3. 10 - This is too small to be a standard contract size.
4. 1,000 - This size is more common in forex spot trading, not in futures.

Therefore, the correct answer is **100,000**.

Which of the following contract sizes is usually used in currency futures?Group of answer choices100.100,000.10.1,000.

Question

Which of the following contract sizes is usually used in currency futures?

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