CME Group U.S. Treasury Bond

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U.S. Treasury Bond futures
Exchange CME Group
Settlement Physically delivered
Contract Size One U.S. Treasury bond having a face value at maturity of $100,000.
Pricing Unit Need pricing unit!
Tick Value One thirty-second (1/32) of one point ($31.25), except for intermonth spreads, where the minimum price fluctuation shall be one-quarter (1/4) of one thirty-second (1/32) of one point ($7.8125 per contract).
Contract Months The first three consecutive contracts in the March, June, September, and December 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.
  Open Outcry Electronic
Trading Hours N/A SUN - FRI: 5:00 p.m. - 4:00 p.m. Chicago Time
Ticker Symbol N/A ZB
Price Limits N/A N/A
 
U.S. Treasury Bond options
Trade Unit One U.S. Treasury Bond futures contract of a specified delivery month.
Point Value Need point value!
Tick Value 1/64 of a point ($15.625/contract), rounded up 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.
Option Months At least four consecutive contract months (three serial expirations and one quarterly expiration) plus the next two months in the March, June, September, and December quarterly cycle. Serials will exercise into the first nearby quarterly futures contract. Quarterlies will exercise into futures contracts of the same delivery period.
Strike Prices Strike prices will be listed in increments 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 thirty consecutive higher and the next thirty consecutive lower strike prices.
Exercise Style American-style
  Open Outcry Electronic
Trading Hours MON - FRI: 7:20 a.m. - 2:00 p.m. Chicago Time SUN-FRI: 5:00 p.m. - 4:00 p.m. Chicago Time
Ticker Symbol Calls: CG Puts: PG. OZB
Price Limits N/A N/A

Also See

U.S. Treasury Bond Options Contract Specs
CME Group interest rate products
US Treasury futures