Dax Contract Spec

[helenquenet]

Value per point = 25 euros
Delivery months = March, June, September, December
Last trading day = Third Friday in the delivery month at 12 noon UK time.
Minimum tick movement = 0.5 point (12.5 euros)
Trading hours : 7.50am (approx!) to 7pm UK time.

IB Ticker Symbol = DAX-200312-DTB (December contract)

e_Signal Ticker Symbol = AX Z3-DT (Dec)

IB charges: Data feed is 8 euros a month, commissions are 2 euros a side. Initial margin requirement is 5625 euros.

Average monthly volume is roughly around 3 million contracts. Spread rarely goes above 0.5 point.

Eurex

Current Contract Prices

[fabrizio]

Re: Dax Contract Spec

Originally posted by helenquenet

Minimum tick movement = 0.5 point (12 euros)

Helen

Surely is a typo, the tick value on DAX i s 12.5 €

Cordially

fabrizio

[helenquenet]

Well spotted that chap! Deliberate msitake to see if you were paying attention