10-YEAR U.S. TREASURY NOTE FUTURES

Trading Unit: One Treasury note having a face value at maturity of $ 100,000 or multiple thereof

Deliverable Grades: U.S. Treasury notes maturing at least 6 years, but not more than 10 years, from the first business day of the delivery month. The invoice price equals the futures settlement price times a conversion factor Plus accrued interest.

Price Quote: Points ($1,000) and thirty-seconds of a point

Tick Size: 1/32 of a point ($31.25/contract); par is on the basis of 100 points

Daily Price Limit: 3 points ($3,000/contract) above or below the previous day's settlement price (expandable to 4 points). Limits are lifted the second business day preceding the first day of the delivery month.

Contract Months: Mar, July, Sep, Dec

Delivery Method: Federal Reserve book-entry

Last Trading Day: Seventh business day preceding the last business day of the delivery month

Last Delivery Day: Last business day of the delivery month

Trading Hours: 7:20 a.m. - 2:00 p.m. Chicago time,

Ticker Symbol: TY


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