| Name |
Nikkei 225 Index Dollar-Based Futures |
| Product Symbol |
NKD |
| Exchange |
CME Globex |
| Margins |
| |
Initial |
Maintenance |
Spread |
| Overnight |
$5,000 |
$4,000 |
$100 |
| Intra-Day |
$2,000 |
$2,000 |
$100 |
|
| Exchange Fees |
| |
Per Side |
Round-Turn |
| Non-Member |
$1.14 |
$2.28 |
|
| Trade Unit |
$5 times the Nikkei Stock Average |
| Point Descriptions |
1 index point = $5.00 |
| Minimum Fluctuation |
| Futures |
|
|
| Regular |
5=$25.00 |
|
| Calendar Spread |
- |
|
|
| Options |
|
|
| Regular |
5=$25.00 |
|
| Cab |
2.5=$12.50 |
|
| Special "Half Tick" |
- |
|
|
| Months |
Futures
Four months in the March Quarterly Cycle. Mar, Jun, Sep, Dec. |
Options
Four months in the March quarterly cycle and two months not in the March cycle (serial months). Mar, Jun, Sep, Dec. |
| Trading Session |
Futures
| |
Chicago (CST) |
London (GMT) |
| Pit |
8:00 a.m.-3:15 p.m. LTD: 3:15 pm |
2:00 p.m.-9:15 p.m. LTD: 9:15 pm |
| Electronic |
Mon/Friday
Standard Time: 2:00 a.m. to 3:15 p.m., reopening from 3:30 - 4:30 p.m.
Daylight Savings Time: 3:00 a.m. to 3:15 p.m., reopening from 3:30 - 4:30 p.m., closing from 4:30 - 5:00 p.m, reopening from 5:00 - 6:00 p.m. |
Mon/Friday
GMT: 8:00 a.m. to 9:15 p.m., reopening from 9:30 - 10:30 p.m.
Daylight Savings Time: 9:00 a.m. to 9:15 p.m., reopening from 9:30 - 10:30 p.m., closing from 10:30 - 11:00 p.m, reopening from 11:00 a.m. - 12:00 a.m. |
|
Options
| |
Chicago (CST) |
London (GMT) |
| Pit |
8:00 a.m.-3:15 p.m. LTD: 3:15 pm |
2:00 p.m.-9:15 p.m. LTD: 9:15 pm |
| Electronic |
- |
- |
|
