XAU options configuration

The reference configuration for the XAU Dated Options contract:

Parameter	Value
Product type	Dated European Option
Symbol format	XAU-USD-{Expiry}-{Strike}-{Type}
Base currency	XAU
Quote currency	USD
Settlement currency	USDC
Price tick size	0.01 USD
Order size increment	0.1 XAU
Minimum order value	20 USD
Maximum order size	100 XAU
Maximum open orders	150
Position limit	1,000 XAU
Spot band factor	30%
IV band factor	30%

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