Volumes for non mini lots

Klewtar

Well-Known Member
#1
Hello,

When Lead has a quantity traded of 500, does it mean that 500*5,000 tonnes of lead have been traded or 500*1,000 tonnes have been traded?

When I enter an order, it says the minimum quantity is 5 (as it should be since the lead contract is in units of 5 metric tonnes) but on the trading screen, I see quantities of 1 being traded. Does the 1 signify that 5 metric tonnes have been traded?
 

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