mini Russ 2K (NTF)
The contract is traded on the NYBOT futures market.
Summary Contract Specifications
- Unit of trading : 100
- Contract size : USD 100 x the level of the Mini Russell2000
- Delivery months : March, June, September and December
- Last trading day : third friday of the delivery month
- Quotation : In points (each full point = USD 100 per contract)
- Minimum price movement : 0,1 point (= USD 10 per contract)
Trading example
- The Mini Russell2000-index at 636,80
- The value of the Mini Russell2000 future contract is 636,80 x 100 $ = 63.680 $.
- Buy at 636,80 and sell at 646,80.
- The minimum price movement of 'tick' is 0,1 point.
- The tickvalue or 0,1 point is 10 $
- When the Mini Russell-index goes from 636,80 to 646,80 of or 10 points, a profit 1.000 $ is realized.
