|
Futures Contract Specifications
The Dow Industrial futures contract specifications tell you how the Dow Industrial futures futures
trade, not how to trade to Dow Industrial futures. Before you consider opening a futures account, you should consult
with a licensed futures broker.
| Contract Size | Ten dollars ($10) times the Dow
Jones Industrial Average Index. The DJIA is a price-weighted index of thirty (30) stocks. | | Final Settlement Day | | The
third Friday of the contract month. | | Settlement | Cash settlement on the final settlement day. The final settlement price is $10 times a
Special Opening quotation of the index. | | Tick Size | Minimum price increment is one index point (equal to $10 per contract). | | Price Quote | The
DJIA Index, quoted in index points. | | Contract Months | Mar, Jun, Sep, Dec. Four nearest months in March quarterly cycle and two additional
December contracts listed at all times. | | Last Trading
Day | The trading day preceding the final settlement day. | | Trading Platform | Open
Auction and Electronic. | | Trading Hours | FLOOR TRADED: Monday - Friday, 8:30 am to 3:15 pm Central Time (CT)
Last Trading
Day: Trading can occur up to 3:15 pm on the Thursday prior to expiration day
ELECTRONICALLY TRADED: Monday - Thursday,
3:30 pm - 4:30 pm and 5:00 pm - 8:15 am next day
Sunday: 5:00 pm - 8:15 am next day.
Last Trading Day:
Trading in expiring contracts ceases at 8:15 a.m. on expiration day | | Ticker Symbols | Open Auction: DJ
Electronic:
ZD | Fungibility | BIG Dow futures ($25 multiplier), mini-sized Dow futures ($5 multiplier), and DJIA futures
($10 multiplier) are fungible contracts | | Daily Price Limit | Successive 10%, 20%, and 30% limits. For details, please see CBOT Regulation 1008.01. | | Position Limits | The
aggregate position limit in BIG Dow futures ($25 multiplier), mini-sized futures and options ($5 multiplier), and DJIA futures
and options ($10 multiplier) is 50,000 DJIA futures ($10 multiplier) equivalent contracts, net long or short in all contract
months combined. | | Margin Information | For current information, please visit margin requirements. |
Click here to contact a commodities broker with experience in the Dow Jones Index market.
|
