NYMEX CBOT CME CME Group
BIG Dow Specs

 

Contract Size

Twenty-five dollars ($25) 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 $25 times a Special Opening Quotation of the index. 

Tick Size

Minimum price increment is one index point (equal to $25 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
Last Trading Day: Trading can occur up to 8:30 a.m. on expiration day

Ticker Symbol

DD

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. 

Margin Information

For current information, please visit margin requirements.




 
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