Bloomberg High Yield Duration-Hedged Credit Futures - Contract Specs
| Contract Unit | $750 times the Bloomberg U.S. Corporate High Yield Very Liquid Duration-Hedged Index |
|---|---|
| Price Quotation | U.S. dollars and cents per index point |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. with a 60-minute break each day beginning at 4:00 p.m. BTIC: Sunday - Friday 5:00 p.m. - 3:00 p.m. with a 60-minute break each day beginning at 4:00 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 BTIC: Sunday 5:00 p.m. - Monday 8:30 a.m. CT. Monday - Thursday 10:00 a.m. - 4:00 p.m. CT and 5:00 p.m. - 8:30 a.m. ET. |
| Minimum Price Fluctuation | CME Globex: Outright: 0.02 index points = $15.00 BTIC: 0.01 index points = $7.50 Calendar Spread: 0.01 index points = $7.50 CME ClearPort: Outright & Calendar Spread: 0.01 index points = $7.50 BTIC: 0.01 index points = $7.50 Daily Settle: 0.02 Final Settle: 0.0001 index points = $0.075 |
| Product Code | CME Globex: DHY CME ClearPort: DHY Clearing: DHY BTIC: DHYT |
| Listed Contracts | Nearest 3 March Quarterly months |
| Settlement Method | Financially Settled |
| Termination of Trading | Trading terminates at 3:00 p.m. CT on the business day before 3rd Wednesday of contract month. BTIC: Trading terminates at 3:00 p.m. CT on the 2nd business day before 3rd Wednesday of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | CBOT 93 |
| Block Minimum | |
| Price Limit or Circuit | None |
| Vendor Codes |
