| Opening Date |
11/22/2004 |
| Ticker Symbol |
NQ (Calls and Puts)
NQ= Clearing
View product and vendor codes |
| Contract Size |
One E-mini NASDAQ-100 futures contract |
| Strike Price Intervals |
All contract months: 10-point intervals |
|
Tick Size (minimum fluctuation)
|
OUTRIGHT 0.25=$5.00 for premium >3.00
HALF TICK 0.05=$1.00 for premium < or =3.00
CAB 0.05=$1.00 |
Trading Hours
All times listed are Central Time (CT) |
CME Globex (Electronic Platform)
MON-THURS: 5:00 p.m.-3:15 p.m. & 3:30 p.m.-4:30 p.m.
(Daily maintenance shutdown 4:30 p.m.-5:00 p.m.)
SUN: 5:00 p.m.-3:15 p.m.
|
| Contract Months |
Four months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)
Two Serial Months (i.e., Jan, Feb, Apr) |
| Strike Listings |
CME Globex
All strike intervals
|
Last Trade Date/Time
View Calendar |
CME Globex
QUARTERLY: 8:30 a.m. 3rd Friday of the contract month
SERIAL: 3:15 p.m. 3rd Friday of the contract month
|
| Exercise Procedure |
American Style. |
| Expiration Date |
An option can be exercised until 7:00 p.m. on any business day the option is traded. Unexercised in-the-money options will be automatically exercised at 7:00 p.m. on day of determination of the Final Settlement Price. |
| Settlement at Expiration |
Option exercise results in a position in the underlying cash-settled Futures contract. Options which are in-the-money on the last day of trading are automatically exercised. QUARTERLY OPTIONS are exercised into expiring cash-settled futures, which settle to the SOQ calculated the morning of the 3rd Friday of the contract month. SERIALS are exercised into underlying cash-settled futures at their closing price on 3:15 p.m. on the 3rd Friday of the contract month |
| Daily Price Limits |
RTH: Successive 10%, 20%, 30% limits (downside only)
ETH (overnight): 5% up or down
View price limits details. |
| Position Limits |
Position limits work in conjunction with existing NASDAQ-100 futures & options limits |
| Block Trade Eligibility |
No. View more on block-trade eligibile contracts. |
| Block Minimum |
N/A |
| Rulebook Chapter |
359A |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
