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Minimum thresholds

Listed below are the minimum volume thresholds for all products applicable for use via the block trade facility. ASX will monitor minimum thresholds continually and review as a matter of course on a calendar quarter basis.

Applicable contracts

Contract Minimum threshold
(applies to each leg of the trade)
Change of spot month 
(Days Prior to Expiry)*
BTF minimum
trading increment
SYCOM Minimum
Trading increment
ASX 30 Day Interbank Cash Rate Futures
(All months except the spot month) (Night session only)
 Second expiry month 1,500 lots 0.005 per cent 0.005 per cent
 All other Contract months 500 lots 5 0.005 per cent  0.005 per cent  
ASX 90 Day Bank Bill Futures
(Night session only)
Spot month only 1,500 lots 5 0.01 per cent 0.01 per cent
All other Contract months 750 lots 5 0.01 per cent  0.01 per cent
ASX 3 Year Treasury Bond Futures
(Spot month only) (Night session only)
2,000 lots 5 0.01 per cent
(0.005 per cent during week prior to expiry)^
0.01 per cent
(0.005 per cent during week prior to expiry)^
ASX 10 Year Treasury Bond Futures
(Spot month only) (Night session only)
750 lots 5 0.005 per cent 0.005 per cent
ASX 3 Year Interest Rate Swap Futures
(Spot month only) (Night session only)
500 lots 5 0.005 per cent 0.005 per cent
ASX 10 Year Interest Rate Swap Futures
(Spot month only) (Night session only)
250 lots 5 0.005 per cent 0.005 per cent
ASX SPI 200 Index Futures 
(Nearest Quarterly Month)
200 lots 5 0.1 index points 1 index point
ASX New Zealand 30 Day Official Cash Rate Futures
(All Contract months)
50 lots N/A 0.005 per cent 0.005 per cent
ASX 3 Year New Zealand Government Stock Futures
(All Contract months)
100 lots N/A 0.005 per cent 0.01 per cent
ASX 10 Year New Zealand Government Stock Futures
(All Contract months)
50 lots N/A 0.005 per cent 0.01 per cent
ASX Australian Electricity Futures
(All Contract months)
25 lots N/A $0.01 $0.05
ASX Australian Electricity Options
(All Contract months)
25 lots N/A $0.01 $0.05
ASX Australian Electricity Cap Futures
(All Contract months)
25 lots N/A $0.01 $0.05
ASX Australian Electricity Strip Options
(All Contract months)
25 lots N/A $0.01  $0.05 
ASX New Zealand Electricity Futures
  (All Contract months)
5 lots N/A $0.01 $0.05
ASX New Zealand Electricity Strip Options
  (All Contract months)
5 lots N/A $0.01 $0.05
ASX Victorian Wholesale Gas Futures
 (All Contract months)
5 lots N/A $0.01 $0.01
Renewable Energy Certificate Futures
(All Contract months)
 5 lots N/A $0.01  $0.01
ASX Grain Futures
(All Commodities)
500 lots N/A $0.10 per tonne $0.10 per tonne
ASX Grain Options
(All Commodities)
200 lots N/A $0.10 per tonne $0.10 per tonne
^ - The BTF and ASX Trade24 minimum trading increment will be 0.005 percent from 5:10pm on the 8th of the expiry month, or the next business day if the 8th is not a business day, to 4:30pm on the day of expiry.  At all other times the minimum price increment will be 0.01 per cent.