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Goods+ section

UTEX section for trading futures on commodities, equity indices, and currencies.

Written by Sergei (CPO at UTEX.io)

Goods+

Goods+ is a section of the platform where perpetual futures (perp futures) on indices, metals, energy, and currencies are traded.

A perpetual future (perp) is a leveraged instrument for trading an asset with no expiration date. A position can be held indefinitely, as long as there is sufficient margin.

Trading hours

Sunday to Friday, 17:00 to 16:00 Chicago time (23 hours a day). Daily technical break — 16:00 to 17:00 CT.

Fees

Trading commission — $5 per lot.

The overnight fee varies depending on the instrument and market conditions, averaging around 7% per year. The current rate is always shown in the interface.

Leverage and liquidation

Leverage — ×100. Liquidation is triggered at a loss of −60% of the balance.

Contract types

Instruments are available in two formats:

  • Standard contract — larger lot size.

  • Micro — smaller lot, better suited for smaller capital.

The lot size and current overnight rate for each instrument can be viewed by clicking the Fee button in the trading panel.

Instrument list

Ticker

Name

Lot

Tick size ($)

Metals

GLD

Gold

100 units (oz)

0.1

GLDM

Micro Gold

1 unit (oz)

0.25

SLV

Silver

5,000 units (oz)

0.005

SLVM

Micro Silver

1,000 units (oz)

0.005

FX

ED

Euro FX

125,000 units (EUR)

0.00005

EDM

Micro Euro FX

12,500 units (EUR)

0.0001

Energy

GAS

Henry Hub Natural Gas

10,000 units (MMBtu)

0.001

GASM

Micro Henry Hub Natural Gas

1,000 units (MMBtu)

0.001

OIL

WTI Crude Oil

1,000 units (bbl)

0.01

OILM

Micro WTI Crude Oil

100 units (bbl)

0.01

BR

Brent Crude Oil

1,000 units (bbl)

0.01

Indices

SPX

E-mini S&P 500

50 units

0.25

SPXM

Micro E-mini S&P 500

5 units

0.25

NSDQ

Micro E-mini NASDAQ-100

2 units

0.25

More instruments coming soon.

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