CME Group 10-Year US Treasury Note

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10-Year US Treasury Note futures
Exchange CME Group
Settlement Physically delivered
Contract Size One U.S. Treasury note having a face value at maturity of $100,000. U.S. Treasury notes with remaining term to maturity of at least six and one 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.
Pricing Unit Points ($1,000) and halves of 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.
Tick Value Regular: 1 = $15.625
Contract Months First five consecutive contracts in the Mar, Jun, Sep and Dec quarterly cycle.
Last Trading Day 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.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. New York time/ET (5:00 p.m. - 4:00 p.m. Chicago Time/CT). Monday - Thursday 5:00 p.m. - 6:00 p.m. New York Time/ET (4:00 p.m. - 5:00 p.m. Chicago Time/CT) daily maintenance period. N/A
Ticker Symbol TY ZN
Price Limits N/A N/A
10-Year US Treasury Note options
Trade Unit One 10-Year U.S. Treasury Note futures contract of a specified delivery month.
Point Value Need point value!
Tick Value $15.625/contract, rounded up to the nearest cent/contract. (1/64 of a point ()
Option Months The first three consecutive contract months (two serial expirations and one quarterly expiration) plus the next four months in the March, June, September, and December quarterly cycle.
Strike Prices Strike prices will be listed in increments of one-half of one point. The minimum strike price range will include the at-the-money strike price closest to the current futures price plus the next fifty consecutive higher and the next fifty consecutive lower strike prices.
Exercise Style American-style. The buyer of an option may exercise the option on any business day prior to expiration by giving notice to CME Clearing by 6:00 p.m. Options that expire in-the-money after the close on the last trading day are automatically exercised, unless specific instructions are given to CME Clearing by 6:00 p.m.
  No Open Outcry Electronic
Trading Hours Monday - Friday: 7:20 a.m. - 2:00 p.m. Sunday-Friday: 5:00 p.m. - 4:00 p.m. Central Time
Ticker Symbol Calls: TC Puts: TP OZN
Price Limits N/A N/A



Treasury Settlement Procedures

CBOT Position Limits

CBOT Chapter 19

[Block Minimum Thresholds

Price Limits

All Or None Minimums

Quote Vendor Symbols Listing

CME Group 10-Year US Treasury Note Contract Specifications