10-Year T-Note
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Contract Specs
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Futures
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Options
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Contract Unit
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10 year contracts
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10 year contracts
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Price Quotation
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Points ($1,000)
and 1/32 of a point. For
example, 126-16 represents 126 16/32
and 126 - 165 represents 126 16.5/32.
Par is on the basis of 100 points.
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Points ($1,000)
and 1/32 of a point. For
example, 126-16 represents 126 16/32
and 126 - 165 represents 126 16.5/32.
Par is on the basis of 100 points.
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Trading Hours
Globex
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Sunday - Friday
5:00 p.m. - 4:00 p.m. CT
Monday - Thursday 4:00 p.m. - 5:00 p.m.
CT
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Sunday- Friday:
5:00 p.m. - 4:00 p.m. CT
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Trading
Hours
Open Outcry
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n/a
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Monday - Friday:
7:20 a.m. - 2:00p.m.
CT
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Min Price Fluctuation
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One thirty-second
(1/32) of one point
($15.625, rounded to the nearest cent
per contract), except for intermonth
spreads, where the minimum price
fluctuation shall be one-quarter of one
thirty-second of one point ($7.8125 per
contract).
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1/64 of a point
($15.625/contract),
rounded to the nearest cent/contract. For
cabinet transactions only, minimum tick
sizes range from $1.00 to $15.00, in
$1.00 increments per option contract
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Symbol
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TY
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TY
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Contract Months
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March ( H)
June ( M )
September (
U )
December (
Z )
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March ( H)
June ( M )
September (
U )
December (
Z )
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Settle Method
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Financially
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Financially
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Last Trading Day
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Seventh business
day preceding the last
business day of the delivery month.
Trading in expiring contracts closes at
12:01 p.m. on the last trading day.
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Unexercised
options shall expire at 7:00
p.m. on the last day of trading.
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TAS
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n/a
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n/a
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Settlement Procedure
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Exchange Rulebook
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Price Limit
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Grade & Quality
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U.S. Treasury
notes with a remaining
term to maturity of at least six and a half
years, but not more than 10 years, from
the first day of the delivery month. The
invoice price equals the futures
settlement price times a conversion
factor, plus accrued interest. The
conversion factor is the price of the
delivered note ($1 par value) to yield 6
percent.
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U.S. Treasury
notes with a remaining
term to maturity of at least six and a half
years, but not more than 10 years, from
the first day of the delivery month. The
invoice price equals the futures
settlement price times a conversion
factor, plus accrued interest. The
conversion factor is the price of the
delivered note ($1 par value) to yield 6
percent.
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DISCLAIMER: This information is not to be construed as an offer
to sell or a solicitation or an offer to buy the commodities herein named. The factual
information of this report has been obtained from sources believed to be reliable, but is not necessarily
all-inclusive and is not guaranteed as to the accuracy,
and is not to be construed as representation by our firm. The risk of loss when trading futures and options is substantial. Each investor must consider whether
this is a suitable investment. Past performance isnot indicative of future results.
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