Cdn Bankers Accept. 3 Month
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Contract Specifications:BAX,MFE
Trading Unit: C $1,000,000 nominal value of Canadian Bankersí Acceptance with a three-month maturity.
Tick Size: 0.005 = C$12.50 per contract
Quoted Units: 100 - annualized yield of a Three-month Cdn BAX
Initial Margin: $680   Maint Margin: $630
Contract Months: Mar, Jun, Sep, Dec
Last Trading Day: Trading ceases at 10:00 a.m. (EST) on the 2nd London (Great Britain) banking day
prior to the 3rd Wednesday of the contract month.
Trading Hours: Early session: 6:00 a.m. - 7:45 a.m. (EST)
Regular session: 8:00 a.m. to 3:00 p.m. (EST).
Daily Limit: none

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