| Name |
Big Dow $25 DJIA Index Futures |
| Product Symbol |
DD |
| Exchange |
CME Globex |
| Margins |
| |
Initial |
Maintenance |
Spread |
| Overnight |
$17,513 |
$14,010 |
$25 |
| Intra-Day |
$7,005 |
$7,005 |
$25 |
|
| Exchange Fees |
| |
Per Side |
Round-Turn |
| Non-Member (Electronic) |
$0.90 |
$1.80 |
|
| Trade Unit |
Twenty-five dollars ($25) times the Dow Jones Industrial Average Index. The DJIA is a price-weighted index of thirty (30) stocks. |
| Point Descriptions |
1 point = $25.00 |
| Minimum Fluctuation |
| Futures |
|
|
| Regular |
1= $25.00 |
|
| Calendar Spread |
- |
|
|
| Options |
|
|
| Regular |
- |
|
| Cab |
- |
|
| Special "Half Tick" |
- |
|
|
| Months |
Futures
Mar, Jun, Sep, Dec. Four contract months listed at all times. |
Options
The first three consecutive contract months (two serial expirations and one quarterly expiration) plus the next four months in the quarterly cycle (Mar, Jun, Sep, Dec). Serials will exercise into the first nearby quarterly futures contract. Quarterlies will exercise into futures contracts of the same delivery period. |
| Trading Session |
Futures
| |
Chicago (CST) |
London (GMT) |
| Pit |
N/A |
N/A |
| Electronic |
Mon/Thurs
3:30 p.m. to 4:30 p.m. and 5:00 p.m. to 3:15 p.m. next day, shut down period 4:30 p.m. to 5:00 p.m.
Sun & Hol
5:00 p.m. to 3:15 p.m. next day |
Mon/Thurs
9:30 p.m. to 10:30 p.m. and 11:00 p.m. to 9:15 p.m. next day, shut down period 10:30 p.m. to 11:00 p.m.
Sun & Hol
11:00 p.m. to 9:15 p.m. next day |
|
Options
| |
Chicago (CST) |
London (GMT) |
| Pit |
N/A |
N/A |
| Electronic |
N/A |
N/A |
|
