Contract Specifications:NW,CBOT | Trading Unit: | Notional price of fixed-rate side of a 10-yr int. rate swap w/ notional principal = to $100M | | Tick Size: | One thirty-second of one point ($31.25) | | Initial Margin: | $1,080 Maint Margin: $800 | | Contract Months: | Mar, Jun, Sep, Dec | | First Notice Day: | Last business day of month preceding contract month. | | Last Trading Day: | The second London business day preceding the third Wednesday of the delivery month. Trading in expiring contracts close at 11:00 a.m. New York time on the last trading day. | | Trading Hours: | Open outcry: 7:20 a.m. to 2:00 p.m. Chicago time, Monday through Friday.
a/c/e: 8:00 p.m. to 4:00 p.m. Chicago time, Sunday through Friday. | | Daily Limit: | none | |