Canadian Dollar (6C) Futures Contract Specifications

Currencies

Canadian Dollar Futures (6C) provide exposure to the USD/CAD exchange rate. These contracts are popular among traders looking to trade or hedge Canadian dollar exposure, often correlated with oil prices.

Contract Specifications

Detailed specifications for trading this futures contract

Contract Size

100,000 CAD

Tick Size

0.0001 per CAD ($0.0001)

Tick Value

$10.00 per tick

Point Value

$10.00 per point ($0.0001 per CAD)

Trading Hours

Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT)

Platform Symbol

Margins

Check with your broker for the latest margin rates and details

Why Trade Canadian Dollar (6C) Futures?

Key benefits and characteristics of this futures contract

Exposure to USD/CAD exchange rate

Correlation with oil prices

High liquidity during North American hours

Extended trading hours

Effective hedging tool

Bank of Canada policy sensitivity

Position Sizing for Canadian Dollar (6C) Futures

Example calculation for proper position sizing based on risk tolerance

For Canadian Dollar (6C):

Tick Size: 0.0001 per CAD ($0.0001)

Tick Value: $10.00 per tick

Point Value: $10.00 per point ($0.0001 per CAD)

If you want to risk $500 with a 50-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 50 × 10.00 ($0.0001 per CAD) = $ 500

Maximum Contracts = Risk Amount ÷ Risk per Contract = $ 500 ÷ $ 500 = 1 contract