What does the foreign exchange standard contract mean?
According to the international foreign exchange market, the subject matter value of a foreign exchange standard contract is $6,543,800+,and under the condition of 654.38+ 000 times leverage, a deposit of $ 654.38+0000 is needed. Trading precious metal gold, a standard contract refers to trading 100 ounces, trading silver refers to 5000 ounces, and trading crude oil refers to 1000 barrels. Both represent a standard contract.