Contract Specification
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Foreign Exchange

Sr.# Product Name Symbol Trading Hours (GMT) Contract Size One Tick Value(US$) Min Tick Spread by VIBHS (Ticks) Required Margin(US$)
1 EUR/USD EUS 11pm Sun -11pm Fri 100,000 USD 10 0.0001 5 1000
2 GBP/USD BPS 11pm Sun -11pm Fri 100,000 USD 10 0.0001 5 1000
3 USD/JPY JYS 11pm Sun -11pm Fri 100,000 USD *10 0.01 5 1000
4 USD/CHF SFS 11pm Sun -11pm Fri 100,000 USD *8 0.0001 5 1000
5 AUD/USD ADS 11pm Sun -11pm Fri 100,000 USD 10 0.0001 5 1000
6 USD/CAD CDS 11pm Sun -11pm Fri 100,000 USD *8 0.0001 5 1000
7 NZD/USD NZS 11pm Sun -11pm Fri 100,000 USD 10 0.0001 5 1000
8 EUR/JPY EYS 11pm Sun -11pm Fri 100,000 EUR *8 0.01 7 1000
9 EUR/GBP EBS 11pm Sun -11pm Fri 100,000 EUR *16 0.0001 7 1000
10 EUR/CHF ESS 11pm Sun -11pm Fri 100,000 EUR *7 0.0001 7 1000
11 EUR/CAD ECS 11pm Sun -11pm Fri 100,000 EUR *6 0.0001 7 1000
12 EUR/AUD EAD 11pm Sun -11pm Fri 100,000 EUR *7 0.0001 7 1000
13 GBP/JPY BYS 11pm Sun -11pm Fri 100,000 GBP *8 0.01 7 1000
14 GBP/CHF BSS 11pm Sun -11pm Fri 100,000 GBP *7 0.0001 7 1000
15 AUD/JPY AYS 11pm Sun -11pm Fri 100,000 AUD *8 0.01 7 1000

 

Metals Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Al AL All 12 $0.0005 per pound US $ per pound 44,000 pounds of aluminum (.05) per pound $3,038 $2,250
Gold GC All 12 $.10/oz. = $10.00 US $ per troy ounce 100 troy ounces 10 pts=$10 $4,300 $3,250
Copper High Grade HG All 12 0.05 /lb. = $12.50 US $ per pound 25,000 pounds 5 pts=$12.50 $7,763 $5,750
Palladium PA All 12 $0.05 (5 cents) per troy ounce ($5 per contract) US $ per troy ounce 100 troy ounces 5 pts=$5 $3,713 $2,750
Platinum PL All 12 $0.10 (10 cents) per troy ounce,$5 per contract US $ per troy ounce 50 troy ounces 10 pts=$5 $8,100 $6,000
Copper miNY (Globex) QC FGHJKMNQUVXZ   US $ per pound 12,500 pounds $0.0020 per pound. $3,882 $2,875
Silver 5000 oz SI All 12 $.001/oz . = $5.00 US $ per troy ounce 5,000 troy ounces 50 pts=$25 $6,750 $5,000
Uranium (Globex) UX FGHJKMNQUVXZ U.S. dollars and cents per pound US $ per pound 250 pounds of U308 $0.05 $2,700 $2,000
Gold, NY Mini YG All 12 10 cent/fine troy oz US $ per troy ounce 33.2 fine troy oz. 10 cent/fine troy oz $1,485 $1,100
Silver NY Mini YI All 12 $.001/ troy oz. US $ per troy ounce 1,000 troy ounces. $.001/troy oz. $2,025 $1,500
Gold 100 oz. ZG All 12 10 cent/fine troy oz US $ per troy ounce 100 fine troy ounces 10 cent/fine troy oz $2,025 $1,500
Silver 5000 oz ZI All 12 $.001 per troy ounce US $ per troy ounce 5,000 fine troy ounces $.001 per troy ounce $4,050 $3,000

 

Agricultural Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Alberta Barley AB HKNVZ C$.10/ton = C$2.00 CDN $ per tonne 20 tonnes $0.10/tonne $182 $135
Soybean Oil BO FHKNQUVZ 1/100 cent ($0.0001)/lb ($6/contract) US $ per pound 60,000 lbs 60,000 lbs $2,295 $1,700
South American Soybeans BS FHKNQUX 1/4 cent/bu ($12.50/contract) US $ per barrel 5,000 bu 1/4C ($12.50) $2,025 $1,500
Corn C HKNUZ 1/4 ¢/bushel ($12.50/contract) US $ per bushel 5,000 bushels 1/4 ¢ per bushel = $12.50 $1,350 $1000
Soybean Crush CS FHKNQUX 1/4 cent/bu ($12.50/contract) US $ per bushel 5,000 bu 1/4C ($12.50) $1,148 $850
Wheat (Kansas) KW HKNUZ 1/4 cent/bu. = $12.50 US $ per bushel 5,000 bu. 1/4C ($12.50) $2,500 $2,000
Hard Red Spring Wheat MW HKNUZ 1/4 cent/bu. = $12.50 US $ per bushel 5,000 bu. 1/8 c per bushel $3,250 $2,500
Oats O HKNUZ 1/4 cent/bu ($12.50/contract) US $ per bushel 5,000 bu 1/4C ($12.50) $1,350 $1,000
Rough Rice RR FHKNUX 1/2 cent/cwt ($10/contract) US $ per hundredweight 2,000 cwt 1/2 cent/cwt $3,105 $2,300
Canola RS FHKNUX C$.10/ton = C$2.00 CDN $ per tonne 20 tonnes $0.10/tonne $1,073 $795
Soybeans S FHKNQUX /4 cent/bu ($12.50/contract) US $ per bushel 5,000 bu 1/4C ($12.50) $4,725 $3,500
Soybean Meal SM FHKNQUVZ 10 cents/ton ($10/contract) US $ per short ton 100 tons (2,000 lbs/ton) .10/tn ($10) $1,823 $1,350
Wheat W HKNUZ 1/4 cent/bu ($12.50/contract) US $ per bushel 5,000 bu 1/4C ($12.50) $6,075 $4,500
Feed Wheat WW HKNVZ C$.10/ton = C$2.00 CDN $ per tonne 20 tonnes $0.10/tonne $216 $160
Corn Mini YC HKNUZ 1/8 cent/bu ($1.25/contract) US $ per bushel 1,000 bu 1/8c ($1.25) $270 $200
Soybeans Mini YK FHKNQUX 1/8 cent/bushel ($1.25 per contract) US $ per bushel 1,000 bu 1/8 cent/bushel $945 $700
Mini Wheat YW HKNUZ 1/8 bu. = $1.25 US $ per bushel 1,000 bu 1/4C ($12.50) $1,215 $900

 

Currencies Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Australian Dollar AD HMUZ $.0001 AD ($10.00/contract) US $ per Australian Dollar 100,000 Australian Dollars .0001 ($10) $2,025 $1,500
Australian Dollar / New Zealand Dollar AR HMUZ 200,000 A. dollars A $ per NZ $ 200,000 A. dollars .0001 or 20 N.Z. dollars per c    
Australian Dollar / Canadian Dollar AS HMUZ   A $ per CDN $ 200,000 A. dollars .0001 or 20 C. dollar per    
British Pound BP HMUZ $0.0002 BP = $6.25 US $ per British Pound 62,500 British Pounds .0002 ($12.50) $1,890 $1,400
Brazilian Real BR HMUZ .5 point = $.00005 per Brazilian real = $5.00 per contract US $ per Brazilian Real 100,000 Brazilian reals 0.00005=$5.00 (half tick) $3,500 $2,500
Canadian Dollar CD HMUZ $.0001 CD ($10.00/contract) US $ per Canadian Dollar 100,000 Canadian Dollars .0001 ($10) $2,160 $1,600
EuroFX Emini E7 HMUZ $.0001 Euro = ($6.25 per contract) US $ per Euro 62,500 Euro 0.0001=$6.25 $1,620 $1,200
EuroFX EC HMUZ $.0001 EC ($12.50/contract) US $ per Euro 125,000 Euro .0001 ($12.50) $3,240 $2,400
Euro / Japanese Yen EJ HMUZ   Euro per Japanese Yen 100,000 Euro .01 or 1,000 yen per contract    
Euro Futures EU HMUZ 1/2 ticks on spread trades are permitted US $ per Euro 200,000 A. dollars .0001 or 20 U.S. dollars per c    
British Pound / Euro GB HMUZ 1/2 ticks on spread trades are permitted BP per Euro 100,000 Euro .0001 or 10 pound per contract    
Canadian Dollar / Japanese Yen HY HMUZ   CDN $ per Jap. Yen 200,000 C. dollars .01 or 2,000 yen per contract    
Japanese Yen Emini J7 HMUZ $.000001 JY ($6.25/contract) US $ per Japanese Yen 6,250,000 Japanese yen $.000001 JY ($6.25) $1,890 $1,400
Japanese Yen JY HMUZ $.000001 JY ($12.50/contract) US $ per Japanese Yen 12,500,000 Japanese Yen .000001 ($12.50) $2,700 $2,000
US Dollar / Swedish Krona KU HMUZ   US $ per Swedish Krona 200,000 U.S. dollars .0001 or 20 krona per contract    
New Zealand Dollar NE HMUZ $.0001 ND ($10.00/contract) US $ per NZ $ 100,000 New Zealand Dollars 0.0001=$10.00 $2,295 $1,700
Euro / Swiss Franc RF HMUZ   Euro per Swiss Franc 125,000 Euro      
Euro / Swedish Krona RK HMUZ   Euro per Swedish Krona 100,000 Euro .0005 or 50 krona per contract    
Euro / Japanese Yen RY HMUZ   Euro per Japanese Yen 125,000 Euro      
Euro / Swiss Franc RZ HMUZ   Euro per Swiss Franc 100,000 Euro .0001 or 10 S. francs per cont    
Swiss Franc SF HMUZ $.0001 SF = ($12.50/contract) US $ per Swiss Franc 125,000 Swiss Francs .0001 ($12.50) $3,240 $2,400
Australian Dollar / Japanese Yen YA HMUZ   A $ per Jap. Yen 200,000 A. dollars .01 or 2,000 yen per contract    
US Dollar / Japanese Yen YY HMUZ   US $ per Japanese Yen 200,000 U.S. dollars .01 or 2,000 yen per contract    

 

Livestock Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Feeder Cattle FC FHJKQUVZ 0.00025=$12.50 US $per pound 50,000 pounds 2.5 pts($12.50) $1,485 $1,100
Live Cattle LC GJMQVZ 1 point = .01 cents per pound = $4.00 US $per pound 40,000 pounds 2.5 pts($10) $1,080 $800
Lean Hogs LH GJKMNQVZ 2.5/cwt.= $10.00 US $per pound 40,000 pounds (lean value) 2.5 pts ($10) $1,215 $900
Frozen Pork Bellies PB GHKNQ 2.5/cwt.= $10.00 US $per pound 40,000 pounds 2.5 pts($10) $1,620 $1,200

 

Others Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Cocoa CC HKNUZ $1/ ton = $10 US $ per metric ton 10 metric tons $1/ton $2,660 $1,900
Cotton #2 CT HKNVZ 1/100 of a cent (one US $ per pound 50,000 lbs .001 ($5) $4,900 $3,500
BFP Milk DA All 12 $.01cwt = $20.00 US $ per hundred weight 200,000 lbs. 0.01($20.00) $1,350 $1,000
Butter DB HKNUVZ $.00025 = $10 US $ per pound 40,000 pounds of Grade AA butter 0.00025($10.00) $1,620 $1,200
Class IV Milk DK All 12 0.01=$20.00 US $ per hundred weight 200,000 lbs. 0.01($20.00) $810 $600
Coffee KC HHKNUZ 0.05cwt = $18.75 (point value = $3.75) US $ per pound 437,500 lbs. .0005 ($18.25) $4,900 $3,500
Lumber LB FHKNQX $.10 per 1,000 bd. ft.($11.00/contract) US $ per 1,000 board feet 110,000 bd. feet .10/1K ($11) $1,650 $1,100
Orange Juice OJ FHKNUX $.0005/lb = $7.50 US $ per pound 15,000 pounds .0005($7.50) $1,890 $1,350
Pulp PU GJMQVZ 0.25/metric ton US $ per metric ton 20 air dry metric tons 0.25/metric ton $560 $400
Robusta Coffee (Electronic) RN HKNUZ 5/100 cent/lb = $18.75 US $ per pound 37,500 pounds 5/100 cent/lb = $18.75    
Sugar #11 SB FHKNV $.0001/lb = $11.20 US $ per pound 112,000 lbs. .0001($11.20) $1,540 $1,100
Sugar #14 SE FHKNUX $.01/lb = $11.20 US $ per pound 112,000 lbs.   $980 $700

 

Financials Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Cdn Bankers Accept. 3 Month BAX HMUZ 0.005 = C$12.50 per contract 100 - annualized yield of a Threemonth Cdn BAX C $1,000,000 nominal value of Canadian Bankers Acceptance with a threemonth maturity. 0.005 = C$12.50 per $680 $630
10 Yr Govt of Canada Bonds CGB HMUZ HMUZ0.01 = C$10 Per C$100 nominal value C$100,000 nominal value of Government of Canada Bond with 6% notional coupon 0.01 = C$10 $1,747 $1,680
Euro Dollar ED All 12 $.01($25.00/contract) basis points 1,000,000 .005($12.50) $1,013 $750
Euro Yen EY HMUZ 0.01 (1 basis pt.) (2,500) basis points 100,000,000 Japanese Yen .01 (2,500) 10,125 7,500
Treasury Notes 5 Year FV HMUZ 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 Points ($1,000) and onequarter of 1/32 of a point One U.S. Treasury note having a face value at maturity of $100,000 or multiple thereof 1/64 ($15.625) $1,485 $1,100
Fed Funds 30 Day FF All 12 $20.835 per 1/2 of one basis point 100 - the avg daily fed funds overnight rate 5 million .005 ($20.835) $1,148 $850
10 Year Interest Rate Swap NW HMUZ One thirtysecond of one point ($31.25) Points ($1,000.00) and thirtyseconds (1/32) Notional price of fixed-rate side of a 10-yr int. rate swap w/notional principal = to $100M 1/32 ($31.25) $1,080 $800
Gilts Long GS HMUZ 0.01 = 10 index points 100,000 nominal value notional Gilt with 7% coupon 0.01 (10) $2,351 $2,351
5 Year Interest Rate Swap(ECBOT) SA   Minimum price fluctuations shall be in multiples of one-half of one thirty-second (1/32) point per 100 points ($15.625 rounded up to the nearest cent Points ($1,000.00) and thirtyseconds (1/32)        
10 Year Interest Rate Swap (ECBOT) SR HMUZ Minimum price fluctuations shall be in multiples of one-half of one thirty-second (1/32) point per 100 points ($15.625 rounded up to the nearest cent) Points ($1,000.00) and thirtyseconds (1/32) Notional price of the fixedrate side of a 10- year interest rate swap that has notional principal equal to $100,000 (1/32) point $2,295 $1,700
Treasury Notes 2 Year TU HMUZ One quarter of 1/32 of a point ($15.625/contra ct) rounded up to the nearest cent/contract; par is on the basis of 100 points Points ($2,000) and one quarter of 1/32 of a point U.S. Treasury notes having a face value at maturity of $200,000 or multiple thereof 1/128 ($15.625) $1,215 $900
Treasury Notes 10 Year TY HMUZ One half of 1/32 of a point ($15.625/contract); par is on the basis of 100 points Points ($1,000) and onehalf of 1/32 of a point One U.S. Treasury note having a face value at maturity of $100,000 or multiple thereof 1/64 ($15.625) $1,620 $1,200
Treasury Bonds 30 Year US HMUZ 1/32 of a point ($31.25/contract); par is on the basis of 100 points Points ($1,000) and onehalf of 1/32 of a point One U.S. Treasury Bond having a face value at maturity of $100,000 or multiple thereof. 1/32 ($31.25) $2,160 $1,600
Eurodollar Mini YE HMUZ One-half of one basis point (or $6.25/contract) basis points        

 

Index Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Continuous CRB Index CI FGJMQX .05 Points($25.00/contract) index points,expressed to two decimals $500 x the CRB Index .05 pt($25) $6,000 $6,000
CRB Index Futures CR FGJMQX .05 Points($25.00/contract) index points,expressed to two decimals $500 x the CRB Index .05 pt($25) $400 $400
Dow Jones Industrial Average DJ HMUZ 1 Point($10.00/contract) DJIA index points $10 x the Dow Jones Industrial Average Index .01 pt($10) $7,005 $5,604
US Dollar DX HMUZ .01 of a U.S. index $1,000 .01 $1,064 $800
Index     Dollar Index point = $10.00/contract points,expressed to three decimals times the U.S. Dollar Index pt($10)    
Libor 1 Month EM All 12 point = .005 = $12.50 basis points Eurodollar time Deposit having a principal value of $3,000,000 with 1 month maturity. 0.005 = $12.50 $203 $150
S&P 500 Emini ES HMUZ .01 index points = $0.50 index points, expressed to two decimals $50 x S&P 500 Stock Index .05 pt($2.50) $4,500 $3,600
Emini S&P Midcap 400 EW HMUZ 0.01=$5.00 index points, expressed to two decimals $500 times the Standard & Poor's MidCap 400 Stock Price Index 0.05=$25.00 $4,000 $3,200
Goldman Sachs Commodity Index GI All 12 $.05 = $12.50 index points, expressed to two decimals $250 times the index .05 indx pts = $12.5 $12,000 $8,000
Gilts Long GL HMUZ 0.01 = 10 points 100,000 nominal value notional Gilt with 7% coupon 0.01 (10) $2,351 $2,351
London LZ HMUZ 0.1 = 1.00 index 10 per 0.5 $3,000 $3,000
FT-SE 100       points, expressed to one decimal index point (5.00)    
S&P Midcap 400 MD HMUZ 0.01=$5.00 index points,expressed to two decimals $500 times the Standard & Poor's MidCap 400 Stock Price Index 0.05=$25.00 $20,000 $16,000
NYSE Small Composite Futures MU HMUZ $5 x NYSE Comp. Index index points,expressed to one decimal   .50 (50 basis points) - e.g.,    
Value Line Futures MV HMUZ .05 pt.($5 per/contract) index points, expressed to two decimals $100 x Futures Price. .05 pt. ($5per/ctrt $1,000 $800
Nasdaq 100 ND HMUZ 0.5=$50.00 index points, expressed to two decimals $100 times the Nasdaq 100 index .01 per indx pt =$1 $13,750 $11,000
Nikkei 225 NK HMUZ $0.05 = $25.00 index points $5 times the Nikkei Stock Average 5 pts ($25) $5,000 $4,000
Nasdaq 100 Emini NQ HMUZ 1pt=$0.5 index points,expressed to two decimals $20 times the Nasdaq-100 Index .50 pt ($10.00) $2,750 $2,200
Russell 2000 RL HMUZ $0.05=$25.00 index points, expressed to two decimals $500 times the Russel 2000 stock price index .01 indx points = $5 $26,250 $21,000
S&P 500 SP HMUZ 0.10(10 pt.)($2.50/pt.)($25.00) index points,expressed to two decimals $250 x S&P 500 Stock Index .10 pt($25) $22,500 $18,000
S&P Canada 60 Index SXF HMUZ .10 pts = C$20 index points, expressed to two decimals C$200 times the futures value .10 pts = C$20 $3,562 $3,360
Dow Jones Minisized($5) YM HMUZ One point ($5.00 per contract) DJIA index points ($5.00)times the Dow Jones Industrial AverageSM Index. 1 pt = $5.00 $3,503 $2,802
NYSE Revised Composite Index YU HMUZ .05 = $25.00 index points,expressed to one decimal $50 x NYSE Composite Index .05 pt($25) $11,000 $11,000

 

Oil/Energy Contract Specifications

Contract Name Symbol Months Tick Size Quoted Units Trading Unit Min Fluc Init Margin Maint Margin
Ethanol AK FGHJKMNQUVXZ One tenth of one cent($0.001) per gallon($29 per contract) US $ per gallon 29,000 U.S. gallons 1/10 of 1 cent ($0.001) $3,645 $2,700
Brent Crude Oil BC All 12 1/barrel = $10 US $ per barrel 1,000 net barrels(42,000 US gallons) 1 US cent per barrel $7,288 $5,830
Crude Oil (Light) CL All 12 $0.01 (1) per barrel ($10 per contract) US $ per barrel 1,000 U.S. barrels (42,000 gallons) .01/bbl. ($10) $9,788 $7,250
Crude Oil (Light) (Globex) CL All 12 $0.01 (1) per barrel ($10 per contract) US $ per barrel 1,000 U.S. barrels (42,000 gallons) .01/bbl. ($10) $9,788 $7,250
Gas - Oil GO All 12 25/tonn e = $25 US $ per tonne 100 metric tonnes of gas oil 5 US cents per tonne $7,288 $5,830
Nat. Gas Financial Futures (Last Day) (Globex) HH All 12 U.S. dollars and cents per mmBtu US $ per mmBt u 10,000 million British thermal units (mmBtu ). $0.001 (0.1) per mmBtu $10,125 $7,500
Heating Oil HO All 12 $0.0001 (0.01) per gallon ($4.20 per contract) US $ per gallon 42,000 U.S. gallons (1,000 barrels) .0001 ($4.20) $12,150 $9,000
Natural Gas Financial Futures (Globex) HP All 12 U.S. dollars and cents per mmBtu US $ per mmBtu 10,000 million British thermal units (mmBtu ) $0.001 per mmBtu . $10 contract $10,125 $7,500
PJM Electricity JM All 12 U.S. dollars and cents per Mwh US $per Mwh 40 megawatt hours $0.05 per Mwh $4,050 $4,050
Henry Hub Natural Gas NG All 12 $0.001 (0.1 ) per MMBtu ($10 per contract) US $ per mmBtu 10,000 million British thermal units (mmBtu) .10 ($10) $9,788 $7,250
Oman Crude Oil OQ All 12 $0.01(1) per barrel US $ per barrel 1,000 U.S. barrels(42,000 gallons) $0.01(1) per barrel($10.00)    
Propane PN All 12 $0.0001 (0.01 ) per gallon ($4.20 per contract) US $ per gallon 42,000 U.S. gallons (1,000 barrels) $0.0001 0.01 / gal $4,388 $3,250
Natural Gas miNY QG FGHJKMNQUVXZ U.S. cents per mmBtu US $ per mmBtu 2,500 million British thermal units (mmBtu ) 0.5 per mmBtu = $12.50 $2,447 $1,813
Heating Oil miNY QH All 12 $0.001 (0.1) per gallon ($21) US $ per gallon 21,000 gallons $0.001 (0.1) per gallon ($21) $6,075 $4,500
Crude Oil EmiNY QM FGHJKMNQUVXZ U.S. dollars and cents per barrel US $ per barrel 500 barrels (2.5) per barrel($12.50 ) $4,894 $3,625
NYH RBOB Gasoline miNY QU All 12 US $ per gallon 21,000 gallons $0.001 (0.1) per gallon ($21. $5,063 $3,750  
NYH RBOB Unleaded Gas RB FGHJKMNQUVXZ U.S. dollars and cents per gallon. US $ per gallon 42,000 U.S. gallons(1,000 barrels) (0.01) per gallon ($4.20) $10,125 $7,500
NYH RBOB Gasoline Financial Futures (Globex) RT All 12 U.S. dollars and cents per gallon US $ per gallon 42,000 U.S. gallons (1,000 barrels) $0.0001 0.01 per gl $10,125 $7,500
Crude Oil Financial Futures (Globex) WS All 12 U.S. dollars and cents per barrels US $ per barrel 1,000 U.S. barrels (42,000 gallons) $0.01 per barrel $4,050 $3,000
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