DJIA Futures ($10 Multiplier)
| Contract Size |
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Ten dollars ($10) times the Dow Jones Industrial Average Index. The DJIA is a price-weighted index of thirty (30) stocks.
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| Final Settlement Day |
| The third Friday of the contract month. |
| Settlement |
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Cash settlement on the final settlement day. The final settlement price is $10 times a Special Opening quotation of the index.
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| Tick Size |
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Minimum price increment is one index point (equal to $10 per contract).
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| Price Quote |
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The DJIA Index, quoted in index points.
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| Contract Months |
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Mar, Jun, Sep, Dec. Four nearest months in March quarterly cycle and two additional December contracts listed at all times.
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| Last Trading Day |
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The trading day preceding the final settlement day.
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| Trading Platform |
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Open Auction and Electronic.
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| Trading Hours |
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Open Auction: 7:20 a.m. to 3:15 p.m. Central Time, Monday – Friday.
Electronic: 6:15 p.m. to 7:00 a.m. Central Time, Sunday – Friday.
Trading in expiring contracts ceases at 3:15 p.m. Central Time on the last trading day.
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| Ticker Symbols |
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Open Auction: DJ
Electronic: ZD
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Fungibility
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BIG Dow futures ($25 multiplier), mini-sized Dow futures ($5 multiplier), and DJIA futures ($10 multiplier) are fungible contracts
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| Daily Price Limit |
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Successive 10%, 20%, and 30% limits. For details, please see CBOT Regulation 1008.01.
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| Position Limits |
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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.
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| Margin Information |
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Maintenance Margin (per contract) - $5,000
Initial Margin Mark Up Percentage - 125%
Initial Margin (per contract) - $6,250
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