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Contract Specifications for NASDAQ 100 Futures (ND)

EXCHANGE Chicago Mercantile Exchange (CME)
PRODUCT SYMBOL ND , ND= Clearing
OPENING DATE 4/10/1996
CONTRACT SIZE $100 x NASDAQ-100 futures price
PRICING UNIT U.S Dollars
TICK SIZE (Minimum Fluctuation) Outright
0.25; index points = $25.00

Calendar Spread
0.05 index points = $5.00

CONTRACT MONTHS Open Outcry:
Five months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)

CME Globex:
One month in the March Quarterly Cycle (Mar, Jun, Sep, Dec)

TRADING HOURS Open Outcry
MON-FRI: 8:30 a.m. -3:15 p.m.

CME Globex (Electronic Platform) :
MON-FRI: 5:00 p.m. previous day – 4:15 p.m. CT, trading halt from 8:15 a.m. – 3:30 p.m.

DAILY PRICE LIMIT View price limits details
SETTLEMENT TYPE Financial Settlement
SETTLEMENT PROCEDURE Daily NASDAQ Settlement Procedure (PDF)
Final NASDAQ Settlement Procedure (PDF)
LAST TRADE DATE Open Outcry:
3:15 p.m. on Thursday prior to 3rd Friday of the contract month

CME Globex:
On the rollover date (typically eight days prior to last trade date for open outcry) when the lead month goes off the screen and the deferred month becomes the new lead month.

EXCHANGE RULES These contracts are listed with, and subject to, the Rules and Regulations of CME.

This page was last updated: May 14, 2014

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