Contract Specifications:TU,CBOT | Trading Unit: | U.S. Treasury notes having a face value at maturity of $200,000 or multiple thereof | | Tick Size: | One quarter of 1/32 of a point ($15.625/contract) rounded up to the nearest cent/contract; par is on the basis of 100 points | | Quoted Units: | Points ($2,000) and one quarter of 1/32 of a point | | Initial Margin: | $1,080 Maint Margin: $800 | | Contract Months: | Mar, Jun, Sep, Dec | | First Notice Day: | Last business day of month preceding contract month. | | Last Trading Day: | The earlier of (1) the second business day prior to the issue day of the 2-year note auctioned in the current month, or (2) the last business day of the calendar mont | | Trading Hours: | 7:20 a.m. - 2:00 p.m. Chicago time, Mon-Fri.
Trading in expiring contracts closes at noon on the last trading day. | | Daily Limit: | none | |