How Many Tonnes Is One Lot of Cocoa? ICE Futures vs Trading 212 CFDs
Expanded · Read the dated additions ↓. Original reporting dates remain unchanged.
One ICE cocoa futures contract represents 10 metric tonnes. Learn how to work out the cash value of a 100-point move and how Trading 212 CFD quantity differs from exchange contract size.
How many tonnes is one cocoa futures contract?
One standard ICE New York cocoa futures contract (CC) represents 10 metric tonnes. One standard ICE London cocoa futures contract (C) also represents 10 metric tonnes. New York quotes in US dollars per tonne and London quotes in pounds sterling per tonne. The minimum outright price move is one unit of the quoted currency per tonne, giving a $10 tick per New York contract or a £10 tick per London contract.
ICE New York specification: Source · ice.com ↗ ICE London specification: Source · ice.com ↗