VOLUME 20 - BULLETIN #204
TO:
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ALL CLEARING MEMBERS
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FROM:
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BUSINESS SYSTEMS GROUP
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DATE:
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July 14, 2000
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SUBJECT:
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The CBOT® Dow Jones Composite AverageSM Index
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The starting date for pit trading in the Chicago Board of Trade Dow Jones Composite AverageSM Index Futures Contract will be Thursday, July 20, 2000.
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FUTURES
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Exchange Code:
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01
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Commodity Code:
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1C
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Ticker Symbol:
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DE
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Price Quotation:
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Quoted in points. One point equals $ 20.00
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Minimum Price Fluctuation
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Half point or $ 10.00
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Trading Unit
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$ 20.00 times the Dow Jones Composite Average
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Trade Entry Price Format:
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Actual Price = 3088 1/2
7-Digit = 0030885
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Daily Trading Limit and Halts:
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10%, 20% and 30% downside limits
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Contract Months:
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March, June, September, December
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Last Trading Day:
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Thursday before the third Friday
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Volume 20-Bulletin#204
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Position Limits:
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To be determined
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Reportable Positions:
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Reportable limit of 100 contracts
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Trading Hours:
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Open Outcry: 7:20 a.m. - 3:15 p.m. (Chicago)
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Delivery Standards:
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Cash settlement on the final settlement day
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“Dow JonesSM”, “The DowSM”, “Dow Jones Composite AverageSM” and "DJCASM" are service marks of Dow Jones & Company, Inc. and have been licensed for use for certain purposes by the Board of Trade of the City of Chicago (“CBOT”). The CBOT’s futures and futures options contracts based on the Dow Jones Composite AverageSM are not sponsored, endorsed, sold or promoted by Dow JonesSM, and Dow JonesSM makes no representation regarding the advisability of trading such product(s).
CBOT is a registered trademark of the Board of Trade of the City of Chicago.
Volume 20 - Bulletin #204 Page 3
Should you have any questions, please call or e-mail one of the following Business Systems Analysts:
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