Trading in CBOT® Dow JonesSM US Real Estate Index Futures will begin TUESDAY, FEBRUARY 20, 2007 (trade date February 21, 2007) at 6:15 p.m. (Central Time).
Normal Trading Hours: 6:15 p.m. to 4:00 p.m. (Sun-Fri) e-cbot® (electronic) (Central Time)
Ticker Symbol: RE
Contract Months: Mar., Jun., Sep., Dec. (Four contract months listed at all times.)
Unit of Trading: $100.00 times the Dow JonesSM US Real Estate Index.
Price Basis: One point equals $100.00 per contract.
Minimum Price Fluctuation: 0.10 point ($10.00 per contract)
Position Limits: 5,000 contracts, net long or short in all contract months combined.
Reportable Position: 200 contracts
Daily Price Limits: Successive 10%, 20% and 30% price limits per CBOT Regulation 1008.01.
Margin Requirements: (To be announced separately.)
Last Trading Day: The trading day preceding the final settlement day.
Final Settlement Day: The third Friday of the contract month.
Settlement: Cash settlement on final settlement day. The final settlement price is $100 times a Special Opening Quotation of the index.
Membership Series Eligible
For Membership Privileges: B-1 (Full), B-2 (Associate) and B-4 (IDEM)
*”Dow Jonessm, is a service mark of Dow Jones & Company, Inc. and has been licensed for use for certain purposes by the Board of Trade of the City of Chicago, Inc. (“CBOT®”). The CBOT’s futures contract based on the Dow Jones U.S. Real Estate Index are not sponsored, endorsed, sold or promoted by Dow Jonessm, and Dow Jonessm makes no representation regarding the advisability of trading in such product.