US500 options configuration

The reference configuration for the US500 Dated Options contract:

Parameter	Value
Product type	Dated European Option
Symbol format	US500-USD-{Expiry}-{Strike}-{Type}
Base currency	US500
Quote currency	USD
Settlement currency	USDC
Price tick size	0.001 USD
Order size increment	0.01 US500
Minimum order value	20 USD
Maximum order size	100 US500
Maximum open orders	150
Position limit	200 US500
Spot band factor	40%
IV band factor	40%

Margin Configuration

Cross Margin Requirements — cross-margin IMR/MMR parameters for trading options
Portfolio Margin — portfolio-level risk evaluation for reduced margin on hedged portfolios