mini$ DAX® Future - FDDX

ISIN: (US91201E6831) Currency: USD
Ticker: FDDX


Underlying: DAX®
Quotation: Index Points
Contract Size: $10 per index point
Minimum Tick Size: 1.0
Minimum Calendar Spread Tick Size: 0.2
Outright Tick Value: $10
Minimum Size for Block Trade: 250 contracts
Mistrade Parameters: 50 ticks
Reportable Positions: 200 contracts
Position Limits/Accountability: Accountability at 25,000 contracts
Screen Price: 99999.8
Settlement: Cash settled.

Daily Settlement Price
Based on trading conditions at 3:00 p.m. Chicago time or a fair value calculation.

Final Settlement Price
Based on the value of DAX® using the Xetra® auction prices of the respective index component shares.

Fair Value Method
The fair value calculation is based on DAX® and X-DAX® respectively, which accounts for the remaining time to final futures settlement.

Trading Session
5:25 p.m. - 4:00 p.m. Sunday evening through Friday, Chicago time.

Final Settlement Time
After the close of Xetra® Intraday auction which starts at 1:00 p.m. Frankfurt time.

Last Trading Day
The last trading day is the third Friday of the expiration month.

Expiration Cycle
Three consecutive contracts on a March quarterly cycle (March, June, September, December).

Delivery Details
Cash settled.

Disclaimer
Neither USFE, nor its representatives, agents, or employees are responsible for omissions contained on any pages of the USFE website, which is designed for informational purposes only and shall not constitute investment advice, nor is it intended for solicitation purposes.

USFE offers services directly to USFE members. Those who desire to trade, offer, or sell any products available on the USFE market should consider the legal and regulatory requirements of those jurisdictions relevant to them, and the risks associated with such products.

DAX® is a registered trademark of Deutsche Börse AG.

©U.S. Futures Exchange 2008

This publication is published for information only and shall not constitute investment advice. This brochure is not intended for solicitation purposes but only for use as general information. All descriptions, examples and calculations contained in the publication are for illustrative purposes only.