ELX 10-Year Treasury Notes

From MarketsWiki
Jump to navigation Jump to search

10-year U.S. Treasury notes futures
Exchange ELX Futures
Settlement Cash settled
Contract Size One U.S. Treasury note having face value at maturity of $100,000. U.S. Treasury notes with remaining term to maturity of at least 6 1/2 years, but no 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 bond ($1 par value) to yield 6 percent.
Pricing Unit Points ($1,000) and halves of 1/32 of a point. For example, 105-16 represents 105 16/32, and 105-165 represents 105 16.5/32.
Tick Value The minimum price fluctuation shall be one half of one thirty-second (1/32) of one point ($15.625 rounded up to the nearest cent per contract) except for inter-month spreads, where the minimum price fluctuation shall be one quarter of one thirty-second of one point ($7.8125 per contract). Par shall be on the basis of 100 points.
Contract Months Mar, Jun, Sep, Dec
Last Trading Day Seventh business day preceding the last business day of the delivery month. Trading in expiring contracts closes at 1:01 p.m. ET on the last trading day.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A 6:00 pm - 5:00 pm, Eastern Time, Sunday - Friday
Ticker Symbol N/A ZNe
Price Limits N/A N/A


Also See[edit]

ELX Futures, L.P.