The Dow Jones Industrial Average (DJIA) is a widely recognized name in finance. Following his nineteenth-century roots in publishing, Charles Dow’s first stock averages creation included nine railroads and two industrials. Today, the DJIA is an index of 30 companies. While exploring the history and components of the DJIA this newsletter will refer to specifications for the futures contract traded on the CME.
Contract Size: $10 x DJIA ($10) futures price
Tick Size: Minimum fluctuation is 1.00 index points=$10
Contract Months: March, June, September, December
Trading Specs: Trades open outcry and Globex (electronic) per the following schedule:
Electronic: Mon -Thurs: 3:30 p.m.-8:15 a.m. (daily maintenance shutdown from 4:30 p.m.-5:00 p.m.) Sun: 5:00 p.m.-8:15 a.m. Central Time
Open Auction: Mon-Fri: 8:30 a.m. -3:15 p.m. Central Time
Daily Price Limit: RTH: Successive 10%, 20%, 30% limits (downside only)
ETH (overnight): 5% up or down
Please consult exchange for additional details on limits.
Trading Symbols: DJ, ZD Globex