Trading hours │ Monday to Friday: 7: 20 am-afternoon │ Same as 10-year treasury bond futures.
│ During the evening trading at 2: 00 (Chicago time)
│ Room: Sunday to Thursday: 5 pm
-8: 30 (Chicago time) or 6: 00-9: 30.
(Intermediate Daylight Saving Time)
On the last trading day, the │ th option from the last business day of the delivery month is before the delivery month of the relevant futures contract.
Seven working days, one month to stop trading. Its transaction was suspended.
The production and cutting grades are calculated from the first day of the delivery month, and the validity period is at least calculated from the relevant treasury bond futures contracts.
│ 6? 1/2 years, but not more than 10 years, at least 5 working days from the date of notification.
Treasury bonds with a standard interest rate of 8%. For example, before noon on the first Friday,
│ │198865438+February delivery option contract finally
│ │ The trading day is1988165438+10/8.
Contract expiration date │ │ The first Saturday after the last transaction date.
│ │ 10:00 am (Chicago time)
Delivery method │ Federal Reserve Electronic Transfer Accounting System │
——————┴——————————————┴——————————————
CBOT long-term treasury bonds futures and options contracts (treasury bonds)
——————┬——————————————┬——————————————
│││││││││││
——————┼——————————————┼——————————————
Transaction unit │ 10/00,000 US dollars of national debt │ a CBOT with a face value of100,000 US dollars.
Treasury bond futures contract unit
The lowest price change │ 1/32 (USD 365438+USD 0.25 per contract) │ 1/64 (USD 65438+USD 0.63 per contract)
Finalize the price │ │ according to the current price of each treasury bond futures contract.
│ │2 points (2000 yuan) integer multiple calculation
│ │ For example, if the bond futures contract price
For 86-00, the option price can be finalized.
│ │ It can be 80, 82, 84, 86, 88, 90,
92 and so on.
Maximum daily price │ with 10-year treasury bonds │ with treasury bond futures contracts.
Fluctuation limit
Contract month │ same as 10-year T-note │ same as treasury bond futures contract.
Trading time │ with 10-year treasury bonds │ with treasury bond futures contracts.
The last trading day is the same as the 10-year treasury bond futures contract.
Delivery grade │ If it is a national debt that cannot be redeemed in advance, │
The maturity date starts from the first working day of the delivery month.
│ At least 15 years, if it is.
National debt that can be redeemed in advance is not necessarily.
│ standard interest rate 15 years and above, with an interest rate of 8%
Ratio
The expiration date of the contract is the same as that of the 10-year treasury bond option contract.
│ │
Delivery method │ Same as 10-year treasury bonds │
——————┴——————————————┴——————————————
Chicago Mercantile Exchange (CME) hog futures contract
——————————┬—————————————————————————
Trading unit │ 30,000 kg of live pigs (castrated pigs and gilts)
The minimum variable price is $0.00025 per pound ($7.50 per contract).
Maximum daily price fluctuation limit │ 1 pound? 1/2 cents ($450 per contract) is higher or lower than the last transaction.
│ Easy date settlement price
Contract Month │2, 4, 6, 8, 10, 12
Trading time │ 9: 00 a.m.-65438+0:00 p.m. (Chicago time), and the expired contract is finally concluded.
The deadline is noon that day.
Last trading day of each contract month │ 20th (sometimes there are exceptions).
Delivery date │ Monday, Tuesday, Wednesday and Thursday of each contract month (if the above dates are not
│ Sunday holiday or the day before the holiday)
Deadline for delivery of documents │ before 1:00 pm (Chicago time) on the working day before the actual delivery date.
——————————┴—————————————————————————
CME pig option contract
——————————┬—————————————————————————
Marketing unit │ Buy call options or sell live pig futures contracts.
Put option
Minimum change price │ $0.00025 per pound ($7.50 per contract), and both parties hedge.