mini DJIA (CYM)
The contract is traded on the CME futures market
Summary Contract Specifications
- Unit of trading : 5
- Contract size : USD 5 x the level of the Dow Jones-index
- Delivery months : March, June, September and December
- Last trading day : third friday of the delivery month
- Quotation : In points (each full point = USD 5 per contract)
- Minimum price movement : 1 point (= USD 5 per contract) (tick size and value)
Trading example
- The Dow Jones-index at 10.513.
- The value of the Dow Jones future is 10.513 x 5 $ = 52.565 $.
- Buy at 10.513 and sell at 10.533.
- The minimum price movement of 'tick' is 1 point.
- The tickvalue or 1 point is 5 $
- When the Dow Jones-index goes from 10.513 to 10.533 or 20 points, a profit of 100 $ is realized.
