CME Group 2-Year U.S. Treasury notes

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2-Year U.S. Treasury note futures
Exchange	CME Group
Settlement	Cash settled
Trade Unit	One CBOT U.S. Treasury note having a face value at maturity of $200,000
Point Value	Points ($2,000) and one quarter of 1/32 of a point; for example, 91-16 equals 91 16/32, 91-162 equals 91 16.25/32, 91-165 equals 91 16.5/32, and 91-167 equals 91 16.75/32
Tick Value	Multiples of one-quarter of one thirty-second (1/32) point per 100 points ($15.625 rounded up to the nearest cent per contract). Par shall be on the basis of 100 points. Contracts shall not be made on any other price basis.
Contract Months	Mar, Jun, Sep, Dec
Last Trading Day	Last business day of the calendar month. Trading in expiring contracts closes at noon, Chicago time, on the last trading day.
	Open Outcry	Electronic
Trading Hours	7:20 am - 2:00 pm, Central Time, Monday - Friday	6:01 pm - 4:00 pm, Central Time, Sunday - Friday
Ticker Symbol	TU	ZT
Price Limits	N/A	N/A

2-Year U.S. Treasury note options
Trade Unit	One futures contract
Point Value	Need point value!
Tick Value	1/2 of 1/64 of a point ($15.625/contract) rounded up to the nearest cent/contract
Option Months	The first 3 consecutive contract months (2 serial expirations and one quarterly expiration) plus the next 2 months in the quarterly cycle (Mar, Jun, Sep, Dec). There will always be 7 months available for trading. Serials will exercise into the first nearby quarterly futures contract. Quarterlies will exercise into futures contracts of the same delivery period.
Strike Prices	One-quarter point ($500/contract) to bracket the current 2-Year T-note futures price. For example, if 2-year T-note futures are at 94-00, strike prices may be set at 93.25, 93.50, 93.75, 94.00, 94.25, 94.50, 94.75, etc.
Exercise Style	American exercise: The buyer of a futures option may exercise the option on any business day prior to expiration by giving notice to the CME Group clearing by 6:00 pm, Central Time. Options that expire in-the-money are automatically exercised into a position, unless specific instructions are given to CME Group clearing.
Option Expiration Day	Unexercised 2 Year Treasury Note futures options expire at 7:00 p.m. Central Time on the last day of trading(*).
	Open Outcry	Electronic
Trading Hours	7:20 am - 2:00 pm, Central Time, Monday - Friday	6:02 pm - 4:00 pm, Central Time, Sunday - Friday
Ticker Symbol	OZTC for calls, OZTP for puts	TUC for calls, TUP for puts
Price Limits	N/A	N/A

Notes

(*)Last Trading Day: Options cease trading on the last Friday which precedes by at least two business days, the last business day of the month preceding the option month. Options cease trading at the close of the regular daytime open auction trading session for the corresponding 2-Year Treasury Note futures contract.