DJIA, or Dow Jones Industrial Average, is the second oldest U.S. stock market index. The Dow shows how 30 U.S.-based companies have traded in a standard session. In order to calculate the average, the Dow is the sum of all its component prices divided by a figure that changes to remain consistent to the value of the index. Trading of DJIA futures usually takes place in an open outcry auction, but a significant amount of trading also takes place online over an electronic network.
|DJIA Contract Specifications|
CME Globex (Electronic): ZD
Open Outcry: DJ
|Contract Size||$10 x DJIA ($10) futures price|
|1.00 index points=$10.00|
|Trading Hours||CME Globex: Mon-Fri 5:00pm previous day – 4:15pm CT
Trading halt from 8:15am-3:30pm CT
|Open Outcry: Mon-Fri 8:30am-3:15pm CT|
|Contract Months/Symbols||CME Globex: Four Months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)|
|Open Outcry: Four months in the March Quarterly Cycle (Mar, Jun, Sep, Dec)|
|Last Trade Date||CME Globex: Trading can occur up to 8:15 a.m. on the 3rd Friday of the contract month
Open Outcry: 3:15 p.m. on Thursday prior to 3rd Friday of the contract month
|Settlement Procedure||Daily Dow Jones Futures Settlement Procedure
Final Dow Jones Futures Settlement Procedure
See SOQ FAQ
|Daily Price Limit||View price limits details|
|Block Trade Eligibility||No.|
|Exchange Rules||These contracts are listed with, and subject to, the rules and regulations of CME.|
Last updated May 2013
Recent Posts on DJIA
- U.S. dollar gains on strong jobs report (10/3/2014) - The U.S. dollar continued to rally on Friday on the back of the favorable U.S. jobs data announced in today's report.
- Beyond the “Spotlight”: Mini Dow and British Pound, 09/29/2014 (9/29/2014) - This weekly feature examines chart formations, along with technical indicators, of two to three commodity markets. Breakouts of these formations may lead to trading recommendations published by the Trade Spotlight advisory service.
- Dow Jones returns to positive territory (8/14/2014) - Soaring biotech shares assisted investors shaking off disappointing retail sales data, as U.S. stocks ended higher on Wednesday.