Can you tell me how exchanges determine lot size for a future. I always thought it depends on price. But its not?
see this example
Here two future contracts (ALBK, IBREALEST) with same expiry date and similar price (51.3,51.4) have two different margin and lot size. Why?
see this example
Code:
contract expiry price margin lot size
ALBK 28-JAN-16 51.3 49110 6000
IBREALEST 28-JAN-16 52.4 83273 9000