Futures Specifications

Index
Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init Margin
Maint Margin
DAX Index Futures
AX
HMUZ
0.5 pt = DM 50 DM 100 per DAX index point 0.5 point (50 DM) $14,628 $14,628
CRB Index
CR
FGJMQX
.05 Points ($25.00/contract) $500 x the CRB Index .05 pt ($25) $2,200 $2,200
Dow Jones Industrial Average
DJ
HMUZ
1 Point ($10.00/contract) $10 x the Dow Jones Industrial Average Index .01 pt ($10) $4,875 $3,900
US Dollar Index
DX
HMUZ
.01 of a U.S. Dollar Index point = $10.00/contract $1,000 times the U.S. Dollar Index .01 pt($10) $1,463 $1,100
1 Month Libor
EM
All 12
½ point = .005 = $12.50 Eurodollar Time Deposit having a principal value of $3,000,000 with 1 month maturity. 0.005 = $12.50 $473 $350
Emini Russell 2000
ER
HMUZ
1 point = .01 index points =$1.00 $100 times the Russell 2000® index price 0.1=$10.00 $3,625 $2,900
S&P 500 Emini
ES
HMUZ
.01 index points = $0.50 $50 x S&P 500 Stock Index .05 pt ($2.50) $3,938 $3,150
Emini S&P Midcap 400
EW
HMUZ
0.01=$5.00 $500 times the Standard & Poor's MidCap 400 Stock Price Index 0.05=$25.00 $3,375 $2,700
Goldman Sachs Commodity Index
GI
All 12
$.05 =$12.50 $250 times the index .05 indx pts = $12.5 $6,400 $4,000
Gilts Long
GL
HMUZ
0.01 = £10 £100,000 nominal value notional Gilt with 7% coupon 0.01 (£10) $2,351 $2,351
London FT-SE 100
LZ
HMUZ
0.1 = £1.00 £10 per index point 0.5 (£5.00) $3,000 $3,000
S&P Midcap 400
MD
HMUZ
0.01=$5.00 $500 times the Standard & Poor's MidCap 400 Stock Price Index 0.05=$25.00 $16,875 $13,500
Value Line Futures
MV
HMUZ
.05 pt. ($5 per/contract) $100 x Futures Price. .05 pt. ($5 per/ctrt $1,000 $800
Nasdaq 100
ND
HMUZ
0.5=$50.00 $100 times the Nasdaq 100 index .01 per indx pt = $1 $18,750 $15,000
Nikkei 225
NK
HMUZ
$0.05 = $25.00 $5 times the Nikkei Stock Average 5 pts ($25) $4,688 $3,750
Nasdaq 100 Emini
NQ
HMUZ
1pt=$0.5 $20 times the Nasdaq-100 Index .50 pt ($10.00) $3,750 $3,000
Russell 2000
RL
HMUZ
$0.05=$25.00 $500 times the Russel 2000 stock price index .01 indx points = $5 $16,875 $13,500
S&P 500
SP
HMUZ
0.10 (10 pt.) ($2.50/pt.) ($25.00) $250 x S&P 500 Stock Index .10 pt ($25) $19,688 $15,750
S&P Canada 60 Index
SXF
HMUZ
.10 pts = C$20 C$200 times the futures value .10 pts = C$20 $3,562 $3,360
Mini-sized Dow Jones ($5)
YM
HMUZ
One point ($5.00 per contract) ($5.00) times the Dow Jones Industrial AverageSM Index. 1 pt = $5.00 $2,437 $1,950
NYSE Revised Composite Index
YU
HMUZ
.05 = $25.00 $50 x NYSE Composite Index .05 pt ($25) $11,000 $11,000

 


Agricultural

Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init Margin
Maint Margin
Alberta Barley
AB
HKNVZ
C$.10/ton = C$2.00 20 tonnes $0.10/tonne $71 $53
Soybean Oil
BO
FHKNQUVZ
1/100 cent ($0.0001)/lb ($6/contract) 60,000 lbs 1/100 cent $540 $400
Corn
C
HKNUZ
1/4 cent/bu ($12.50/contract) 5,000 bu 1/4C ($12.50) $878 $650
Soybean Crush
CS
FHKNQUX
1/4 cent/bu ($12.50/contract) 5,000 bu 1/4C ($12.50) $1,148 $850
Wheat (Kansas)
KW
HKNUZ
1/4 cent/bu. = $12.50 5,000 bu. 1/4C ($12.50) $1,250 $1,000
Hard Red Spring Wheat
MW
HKNUZ
1/4 cent/bu. = $12.50 5,000 bu. 1/8 c per bushel $975 $750
Oats
O
HKNUZ
1/4 cent/bu ($12.50/contract) 5,000 bu 1/4C ($12.50) $540 $400
Rough Rice
RR
FHKNUX
1/2 cent/cwt ($10/contract) 2,000 cwt 1/2 cent/cwt $675 $500
Canola
RS
FHKNUX
C$.10/ton = C$2.00 20 tonnes $0.10/tonne $190 $141
Soybeans
S
FHKNQUX
1/4 cent/bu ($12.50/contract) 5,000 bu 1/4C ($12.50) $1,013 $750
Soybean Meal
SM
FHKNQUVZ
10 cents/ton ($10/contract) 100 tons (2,000 lbs/ton) .10/tn ($10) $675 $500
Wheat
W
HKNUZ
1/4 cent/bu ($12.50/contract) 5,000 bu 1/4C ($12.50) $1,282 $950
Feed Wheat
WW
HKNVZ
C$.10/ton = C$2.00 20 tonnes $0.10/tonne $88 $65
Mini Wheat
YW
HKNUZ
1/8 bu. = $1.25 1,000 bu.   $270 $200


Livestock

Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init Margin
Maint Margin
Feeder Cattle
FC
FHJKQUVZ
0.00025=$12.50 50,000 pounds 2.5 pts ($12.50) $1,485 $1,100
Live Cattle
LC
GJMQVZ
1 point = .01 cents per pound = $4.00 40,000 pounds 2.5 pts ($10) $1,148 $850
Lean Hogs
LH
GJKMNQVZ
2.5¢/cwt. = $10.00 40,000 pounds (lean value) 2.5 pts ($10) $1,215 $900
Frozen Pork Bellies
PB
GHKNQ
2.5¢/cwt. = $10.00 40,000 pounds 2.5 pts ($10) $1,620 $1,200

Miscellaneous
Contract Name
Symbol
Months
Tick Size Trading Unit Min Fluc Init Margin Maint Margin
Cocoa
CC
HKNUZ
$1/ ton = $10 10 metric tons $1/ton $1,120 $800
Cotton #2
CT
HKNVZ
1/100 of a cent (one 50,000 lbs .001 ($5) $1,260 $900
BFP Milk
DA
All 12
$.01cwt = $20.00 200,000 lbs. 0.01 ($20.00) $270 $200
Butter
DB
HKNUVZ
$.00025 = $10 20,000 lbs. of Grade AA Butter 0.00025 ($10.00) $2,700 $2,000
Class IV Milk
DK
All 12
0.01=$20.00 200,000 lbs. 0.01 ($20.00) $810 $600
Coffee
KC
HKNUZ
0.05cwt = $18.75 (point value = $3.75) 37,500 lbs. .0005 ($18.25) $2,520 $1,800
Lumber
LB
FHKNQX
$.10 per 1,000 bd. ft. ($11.00/contract) 110,000 bd. feet .10/1K ($11) $1,650 $1,100
Orange Juice
OJ
FHKNUX
$.0005/lb = $7.50 15,000 pounds .0005 ($7.50) $1,680 $1,200
Pulp
PU
GJMQVZ
0.25/metric ton 20 air dry metric tons 0.25/metric ton $560 $400
Sugar #11
SB
FHKNV
$.0001/lb = $11.20 112,000 lbs. .0001 ($11.20) $1,350 $950
Sugar #14
SE
FHKNUX
$.01/lb = $11.20 112,000 lbs.   $1,120 $800

Financials
Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init Margin
Maint Margin
Canadian Bankers Acceptance 3 Month
BAX
HMUZ
Index : 100 minus the annualized yield of a Three-month Canadian Bankers’ Acceptance. C $1,000,000 nominal value of Canadian Bankers’ Acceptance with a three-month maturity. 0.005 = C$12.50 per $680 $630
10 Yr Govt of Canada Bonds
CGB
HMUZ
0.01 = C$10 C$100,000 nominal value of Government of Canada Bond with 6% notional coupon 0.01 = C$10 $1,747 $1,680
10 Year Agency Notes
DN
HMUZ
One-half of 1/32 of one point ($15.625) Benchmark Note having a face value of $100,000 at maturity. pt = $1000 $1,890 $1,400
Euro Dollar
ED
All 12
$.01 ($25.00/contract) 1,000,000 .005 ($12.50) $743 $550
Euro Yen
EY
HMUZ
0.01 (1 basis pt.) (¥2,500) 100,000,000 Japanese Yen .01 (¥2,500) ¥21,600 ¥16,000
30 Day Fed Funds
FF
All 12
$20.835 per 1/2 of one basis point 5 million .005 ($20.835) $371 $275
Treasury Notes 5 Year
FV
HMUZ
One half of 1/32 of a point ($15.625/contract) rounded up to the nearest
cent/contract; par is on the basis of 100 points
One U.S. Treasury note having a face value at maturity of $100,000 or multiple thereof 1/64 ($15.625) $540 $400
CBOT BUND Futures
GBL
HMUZ
1/100 of 1pt (EUR10) German Bundesanleihen (Bunds) , havingface value of EUR 100,000, with remaining term
to maturity of 8 ½ to 10 ½ years and coupon of 6% per annum.
1/100 of 1pt (EUR10) $810 EUR $600 EUR
CBOT BOBL Futures
GBM
HMUZ
1/100 of 1pt (EUR10) German Bundesobligationen (Bobls) having face value of EUR 100,000, with remaining termto maturity of 4 1/2 to 5 1/2 years and coupon of 6% per annum. 1/100 of 1pt (EUR10) $743 EUR $550 EUR
CBOT Schatz Futures
GBS
HMUZ
1/100 of 1pt (EUR10) German Bundesschatzanweisungen , havingface value of EUR 100,000 with remaining term
to maturity of 8 ½ to 10 ½ years and coupon of 6% per annum.
1/100 of 1pt (EUR10) $338 EUR $250 EUR
Gilts Long
GS
HMUZ
0.01 = £10 £100,000 nominal value notional Gilt with 7% coupon 0.01 (£10) $2,351 $2,351
Municipal Bonds Index
MB
HMUZ
1/32 of a point ($31.25/contract) $1,000 times the closing value of The Bond Buyer Municipal Bond Index. 1/32 of a point $878 $650
10 Year Interest Rate Swap
NW
HMUZ
One thirty-second of one point ($31.25) Notional price of fixed-rate side of a 10-yr int. rate swap w/ notional principal = to $100M 1/32 ($31.25) $1,080 $800
13 Week U.S. T-Bill
TB
HMUZ
0.005 (½ basis pt.) ($12.50 pt.) ($12.50) $1,000,000 .01 ($25) $405 $300
Treasury Notes 2 Year
TU
HMUZ
One quarter of 1/32 of a point ($15.625/contract) rounded up to the nearest cent/contract; par is on the basis of 100 points U.S. Treasury notes having a face value at maturity of $200,000 or multiple thereof 1/128 ($15.625) $473 $350
Treasury Notes 10 Year
TY
HMUZ
One half of 1/32 of a point ($15.625/contract); par is on the basis of 100 points One U.S. Treasury note having a face value at maturity of $100,000 or multiple thereof 1/64 ($15.625) $810 $600
Treasury Bonds 30 Year
US
HMUZ
1/32 of a point ($31.25/contract); par is on the basis of 100 points One U.S. Treasury Bond having a face value at maturity of $100,000 or multiple thereof. 1/32 ($31.25) $1,215 $900
Mini 30 Year T-Bonds
YH
HMUZ
1/32 of a point ($15.625/contract) One U.S. Treasury bond having a face value at maturity of $50,000 or multiple thereof. 1/32 pt ($15.625) $878 $650


Oil/Energy
Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init 
Margin

Maint 
Margin

Brent Crude Oil
BC
All 12
1¢/barrel = $10 1,000 net barrels (42,000 US gallons) 1 US cent per barrel $7,288 $5,830
Crude Oil (Light)
CL
All 12
$0.01 (1¢) per barrel ($10 per contract) 1,000 U.S. barrels (42,000 gallons) .01/bbl. ($10 $4,050 $3,000
Gas - Oil
GO
All 12
25¢/tonne = $25 100 metric tonnes of gas oil 5 US cents per tonne $7,288 $5,830
Heating Oil
HO
All 12
$0.0001 (0.01¢) per gallon ($4.20 per contract) 42,000 U.S. gallons (1,000 barrels) .0001 ($4.20) $6,075 $4,500
N.Y. Harbor Unleaded Gasoline
HU
All 12
$0.0001 (0.01 ¢) per gallon ($4.20 per contract) 42,000 U.S. gallons (1,000 barrels) .0001 ($4.20) $6,750 $5,000
PJM Electricity
JM
All 12
U.S. dollars and cents per Mwh 40 megawatt hours $0.05 per Mwh $4,050 $4,050
Henry Hub Natural Gas
NG
All 12
$0.001 (0.1 ¢) per MMBtu ($10 per contract) 10,000 million British thermal units (mmBtu) .10 ($10) $10,800 $8,000
Propane
PN
All 12
$0.0001 (0.01 ¢) per gallon ($4.20 per contract) 42,000 U.S. gallons (1,000 barrels) $0.0001 0.01¢ / gal $2,025 $1,500
Natural Gas emiNY
QG
FGHJKMNQUVXZ
U.S. cents per gallon 21,000 gallons 0.1¢ per gallon = $21 contract $2,700 $2,000
Crude Oil emiNY
QM
FGHJKMNQUVXZ
U.S. dollars and cents per barrel 500 barrels (2.5¢) per barrel ($12.50) $2,025 $1,500
Ethanol
XA
GJMUX
Cents per gallon 7,750 U.S. gallons 1/10 ct/gal. = $7.75 $700 $500

Metals
Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init Margin
Maint Margin
Aluminum
AL
All 12
$0.0005 per pound 44,000 pounds of aluminum (.05¢) per pound $3,375 $2,500
Gold
GC
All 12
$.10/oz. = $10.00 100 troy ounces 10 pts=$10 $3,375 $2,500
Copper High Grade
HG
All 12
0.05 ¢/lb. = $12.50 25,000 pounds 5 pts=$12.50 $8,100 $6,000
Palladium
PA
All 12
$0.05 (5 cents) per troy ounce ($5 per contract) 100 troy ounces 5 pts=$5 $2,700 $2,000
Platinum
PL
All 12
$0.10 (10 cents) per troy ounce, $5 per contract 50 troy ounces 10 pts=$5 $2,700 $2,000
Silver
SI
All 12
$.001/oz. = $5.00 5,000 troy ounces 50 pts=$25 $5,400 $4,000
NY Mini Gold
YG
All 12
10 cent/fine troy oz 33.2 fine troy oz. 10 cent/fine troy oz $1,013 $750
NY Mini Silver
YI
All 12
$.001/troy oz. 1,000 troy ounces. $.001/troy oz. $1,080 $800
100 oz Gold Futures
ZG
All 12
10 cent/fine troy oz 100 fine troy ounces 10 cent/fine troy oz $3,038 $2,250
5,000 oz Silver
ZI
All 12
$.001 per troy ounce 5,000 fine troy ounces $.001 per troy ounce $5,400 $4,400

Currencies
Contract Name
Symbol
Months
Tick Size
Trading Unit
Min Fluc
Init Margin
Maint Margin
Australian Dollar
AD
HMUZ
$.0001 AD ($10.00/contract) 100,000 Australian Dollars .0001 ($10)
$1,485
$1,100
British Pound
BP
HMUZ
$0.0002 BP = $12.50 62,500 British Pounds .0002 ($12.50)
$1,755
$1,300
Canadian Dollar
CD
HMUZ
$.0001 CD ($10.00/contract) 100,000 Canadian Dollars .0001 ($10)
$1,485
$1,100
Emini EuroFX
E7
HMUZ
$.0001 Euro = ($6.25/contract) 62,500 Euro 0.0001=$6.25
$1,418
$1,050
EuroFX
EC
HMUZ
$.0001 EC ($12.50/contract) 125,000 Euro .0001 ($12.50)
$2,835
$2,100
Emini Japanese Yen
J7
HMUZ
$.000001 JY ($6.25/contract) 6,250,000 Japanese yen $.000001 JY ($6.25)
$1,350
$1,000
Japanese Yen
JY
HMUZ
$.000001 JY ($12.50/contract) 12,500,000 Japanese Yen .000001 ($12.50)
$2,700
$2,000
Mexican Peso
MP
All 12
$.000025 = ($12.50/contract) 500,000 Mexican Pesos .00001 ($5)
$1,875
$1,500
New Zealand Dollar
NE
HMUZ
$.0001 ND ($10.00/contract) 100,000 NewZealand Dollars 0.0001=$10.00
$1,350
$1,000
Swiss Franc
SF
HMUZ
$.0001 SF = ($12.50/contract) 125,000 Swiss Francs .0001 ($12.50)
$1,755
$1,300