Contract Unit 1 futures contract with face value at maturity of $100,000
Minimum Price Fluctuation Outright: 1/2 of 1/64 of 1 point (0.0078125) = $7.8125
CAB $1.00 increments from $1.00 - $7.00
Price Quotation Points and fractions of points with par on the basis of 100 points
Trading Hours CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Open Outcry: MON - FRI: 7:20 a.m. - 2:00 p.m.
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code CME Globex: ZF1,ZF2,ZF3,ZF4,ZF5
CME ClearPort: FV1,FV2,FV3,FV4,FV5
Open Outcry: FV1,FV2,FV3,FV4,FV5
Clearing: FV1,FV2,FV3,FV4,FV5
Listed Contracts Weekly contracts listed for 3 consecutive weeks. No weekly contract listed the week of the monthly, quarterly or serial option expiration.
Termination Of Trading Trading terminates on Friday of the contract week.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 20A
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike prices will be listed in increments of one-quarter of one point. The minimum strike price range will include the at-the-money strike price closest to the current futures price plus the next twenty four (24) consecutive higher and the next twenty four (24) consecutive lower strike prices.
Exercise Style American
Settlement Method Deliverable
Underlying Medium-Term U.S. Treasury Note Futures


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