Contract Specifications:FV,CBOT | Trading Unit: | One U.S. Treasury note having a face value at maturity of $100,000 or multiple thereof | | Tick Size: | One half of 1/32 of a point ($15.625/contract) rounded up to the nearest cent/contract; par is on the basis of 100 points | | Quoted Units: | Points ($1,000) and one-quarter of 1/32 of a point | | Initial Margin: | $1,485 Maint Margin: $1,100 | | Contract Months: | Mar, Jun, Sep, Dec | | First Notice Day: | Last business day of month preceding contract month. | | Last Trading Day: | Seventh business day preceding the last business day of the delivery month. | | Trading Hours: | 7:20 a.m. - 2:00 p.m. Chicago time, Mon-Fri.
Electronic (beginning 10-15-00): 8:00 p.m. - 4:00 p.m. Chicago time, Sun.-Fri.
Trading in expiring contracts closes at noon (Chicago time) on the last trading day | | Daily Limit: | none | |