These Futures Trading Facts are brought to you by:

THE CONSENSUS® DIRECTORY OF FUTURES TRADING FACTS

U.S. TREASURY BILLS

COMMODITY
TYPE 		 TREASURY BILLS TREASURY BILLS
EXCHANGE
NAME 		 IMM MACE
TRADING TIME
(CENTRAL) 		 7:20 - 2:00 7:20 - 2:15
DELIVERY
MONTHS 		 H,M,U,Z  H,M,U,Z 
CONTRACT
UNIT 		 $1,000,000 $500,000 face
PRICE
QUOTED IN 		 % pts. % pts.
MINIMUM
FLUCTUATION 		 .005 pt. .5 pt.
$VALUE OF 
MINIMUM TICK 		 12.50 625
$VALUE OF 
1¢ MOVE 		 - - - -
MAX DAILY LIMITS
ABOVE OR BELOW
PREV CLS.¢ 		 none none
MAX DAILY LIMITS
ABOVE OR BELOW
PREV CLS. $ 		 none none
DAILY MAX. PERM
RANGE BET. DAY'S
HIGH & LOW ¢ 		 none none
DAILY MAX. PERM
RANGE BET DAY'S
HIGH & LOW $ 		 none none
LAST 
TRADE DAY 		 Bus day prior 
to issue day		 12th business day
FIRST 
DELIVERY DAY 		 1st day of issue 13th business day
NET MARGIN 
REQ INITIAL 		 777 175
NET MARGIN 
REQ MANT. 		 575 110
SPREAD MARGIN 
REQ INITIAL 		 777 Market
SPREAD MARGIN 
REQ MANT. 		 575 Market

KEY TO CONTRACT MONTHS

1st
Year		 Month 2nd
Year		 1st
Year		 Month 2nd
Year		 1st
Year		 Month 2nd
Year 
F January A K May E U September P 
G February B M June F V October R 
H March C N July L X November S 
J April D Q August O Z December T 
  • Minimum margin requirements have been recommended by the com. exchanges listed. Spread margins are intra-market only.
  • Consult your broker for changes that occur during spot months.
  • Contact your broker for individual brokerage hour margin requirements.
  • Contact your broker or the exchange for information on variable trading limits.
  • Price limitations are imposed by the various exchanges to prevent extreme price changes in any one day. When prices reach the trading limit, trading beyond that limit is stopped for that day. In nearly all markets, the Board of Directors of Governors has the power to change the limits in emergencies. in the current month, the limitations are broadened in certain futures contracts by permitting wider price ranges and in others by removing limitations entirely.
  • The above compilation includes all active commodities and their markets. The information contained herein is from sources believed to be reliable, but we cannot be held responsible for either its accuracy or completeness.
  • All information contained herein is subject to change by action of the respective commodity exchanges. We will make every effort to update any changes. We suggest that you direct any questions to the members of the exchanges. Those acting on this information are responsible for their own actions.

    •  

     
     
     
     
     
     
     
     
     

    Copyright© CONSENSUS, Inc. 2001 

    Back to Current Edition Index
    The Consensus® Directory of Futures Trading Facts Index
    Hosted by:
    CONSENSUS, Inc. and Investors Co-op
    P.O. Box 411128
    Kansas City, MO 64141-1128
    816-461-2800
    editor@consensus-inc.com