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Nikkei 225 (DOLLAR)  Futures
 
 
Nikkei 225 Dollar Futures
Opening Date 9/25/1990
Ticker Symbol Open Outcry NK
NK=Clearing
CME Globex (Electronic Platform) NKD
NK= Clearing
View product and vendor codes
Contract Size $5.00 x Nikkei 225 USD futures price
Tick Size (minimum fluctuation) OUTRIGHT 5.00 index points=$25.00
Trading Hours (All times listed are Central Time) OPEN OUTCRY (CST and CDT) MON-FRI: 8:00 - 15:15
CME GLOBEX MON-FRI: 15:30 - 15:15 Next Day,
closing Friday at 15:15
(Daily maintenance shutdown 16:30 - 17:00)

SUN: 17:00 - 15:15 Next Day
Contract Months Open Outcry
 
Four months in the March Quarterly Cycle
(Mar, Jun, Sep, Dec)
CME Globex Two months in the March Quarterly cycle
(Mar, Jun, Sep, Dec)
Last Trade Date/Time
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Open Outcry 3:15 p.m. on Business Day prior to 2nd Friday of the contract month
CME Globex 3:15 p.m. on Business Day prior to 2nd Friday of the contract month
Daily Settlement Time All trades executed after 3:15 p.m. CT will have next day's trade date.
Final Settlement Procedure Cash Settlement. All open positions at close of last day of trading are settled in cash to the Special Opening Quotation (SOQ) of the Nikkei 225 Stock Average referencing the opening values of the constituent stocks. See SOQ FAQ. All trades executed after 15:15 will have next day's trade date.
Daily Price Limits
Lead Month Settlement Daily Limit (Index Points)
0-20,000 1,000
20,005-30,000 1,500
30,005 and up 2,000
Position Limits 5,000 contracts
Mutual Offset System (MOS) Eligibility? Yes. Learn more about the Mutual Offset System (MOS):
MOS overview
MOS user guide
Block Trade Eligibility Yes. View more on block-trade eligibile contracts.
Block Minimum 50 contracts
Rulebook Chapter 352
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CME.