Mini Dow Futures

Contract Specifications:

Contract Size: Five dollars ($5) 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 $5 times a Special Opening Quotation of the index.

Tick Size: Minimum price increment is one index point (equal to $5 per contract).

Price Quote: The DJIA Index, quoted in index points.

Contract Months: Mar, Jun, Sep, Dec. Four contract months listed at all times.

Last Trading Day: The trading day preceding the final settlement day.

Trading Platform: Electronic Only

Trading Hours: Monday: Thursday 3:30 pm – 4:30 pm and 5:00 pm – 3:15 pm next day
Sunday: 5:00 pm – 3:15 pm next day

Quarterly futures/options: Trading can occur up to 8:30 a.m. on expiration day

Serial options: Trading can occur up to 3:15 p.m. on third Friday of the contract month

Ticker Symbols: YM

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.