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contract size

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contract size
In futures and options, the size or amount of an asset to be delivered. For example, stock options nearly always specify 100 shares, while a silver futures contract on the Chicago Mercantile Exchange stipulates 5,000 troy ounces.


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Much has been made of the fact that outsourcing contracts are being parceled out to multiple vendors and that average contract size is getting smaller as a result, misleading some into questioning the current state of the outsourcing market," said Peter Bendor-Samuel, CEO of Everest.
Both contracts will be tradeable every month for 15 months forward and the contract size will be 24.
Based on the contract size, vendors pay a 1 percent fee to USBank.
 
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