 |
 |
||
 |
 |
 |
|
 |
|||
CME Nikkei 225 Dollar - Based Futures
Contract Size
The size of one CME Nikkei 225™ futures contract is determined by taking the contract’s multiplier ($5.00) times the current CME Nikkei 225 futures level. The contract moves in ticks of 5.00 index points, or $25 per contract.
CME Nikkei 225™ futures expire on a quarterly basis and are listed four months out in the March quarterly cycle. They trade side-by-side (electronically on CME Globex and via open outcry on the CME floors) during regular trading hours (RTH) and are available on the CME Globex® electronic trading platform during extended trading hours (ETH).
Underlying Index
The Nikkei 225 Stock Average® Index is one of the oldest Japanese market barometers, first calculated in 1949 It is structured to reflect the Japanese stock market using the 225 top-rated, blue-chip Japanese companies listed in the First Section of the Tokyo Stock Exchange (TSE), featuring such familiar company names as Sony, Honda, and more. The Nikkei 225 Index is price-weighted, so that higher-priced stocks have a greater percentage impact on the Index than lower-priced stocks.
| CME Nikkei 225 Futures | ||||
Trade Unit |
$5 times the Nikkei Stock Average |
|
||
Point Descriptions |
1 index point = $5.00 |
|
||
Contract Listing |
Four months in the March Quarterly Cycle. Mar, Jun, Sep, Dec. |
|
||
Strike Price Interval |
N/A |
|
||
Product Code |
Clearing=NK |
|
||
Trading Venue: Floor |
||||
Hours |
8:00 a.m. to 3:15 p.m. |
|
||
Listed |
All listed series |
|
||
Strike |
N/A |
|
||
Limits |
See Rule 4402.I |
|
||
Minimum Fluctuation |
Regular |
5.00=$25.00 |
|
|
Trading Venue: CME® Globex® |
||||
Hours |
Standard Time: 2:00 a.m. to 3:15 p.m., reopening from 3:30 - 4:30 p.m.?(Monday through Friday) Daylight Savings Time: 3:00 a.m. to 3:15 p.m., reopening from 3:30 - 4:30 p.m., closing from 4:30 - 5:00 p.m, reopening from 5:00 - 6:00 p.m. |
|
||
Listed |
N/A |
|
||
Strike |
N/A |
|
||
Limits |
The Daily Price Limit shall be based on the settlement price of the lead month futures contract on the last business day of the preceding month: Lead Month Settlement Daily Limit (Index points) 0 - 20,000; 1,000 20,005 - 30,000; 1,500 30,005 and up; 2,000 |
|
||
Minimum Fluctuation |
Regular |
5.00=$25.00 |
|
|
ProActive Futures
255 Executive Dr, Suite 410, Plainview, NY 11803 Phone: 1-877-393-5916 More
Info
|
