US Dollar Index® Futures194

Description

The ICE U.S. Dollar Index (USDX) futures contract is a leading benchmark for the international value of the US dollar and the world's most widely-recognized traded currency index. In a single transaction the USDX enables market participants to monitor moves in the value of the US dollar relative to a basket of world currencies, as well as hedge their portfolios against the risk of a move in the dollar. US Dollar Index futures are traded for 21 hours a day on the ICE platform.

Market Specifications

Trading Hours
Electronic Trading Hours (Sun - Fri) *The trading platform is available 30 minutes before the opening for order entry.

Open on Sunday night is 6:00 PM ET; Pre-Open at 5:30 PM ET
Units of Trading
One contract = $1000 X Index value
Contract Symbol
DX
Quotation
US Dollar Index points, calculated to three decimal places .010 = $10
Tick Size
.005 = $5
Contract Listing
Four months in the March/June/September/December quarterly expiration cycle
Price Limits
The DX contract has no price limits
Daily Settlement
The volume-weighted average of all electronic trades transacted in the closing session (14:59 to 15:00 Eastern time).
Last Trading Day
Trading ceases at 10:16 Eastern time two days prior to settlement (see next entry).
Final Settlement
The US Dollar Index is physically settled on the third Wednesday of the expiration month against six component currencies (euro, Japanese yen, British pound, Canadian dollar, Swedish krona and Swiss franc) in their respective percentage weights in the Index. Settlement rates may be quoted to three decimal places.
Position Limits
The DX contract has no position limits.
Other Information
The U.S. Dollar Index, together with all rights, title and interest in and related to the U.S. Dollar Index, including all content included therein (including, without limitation, it’s formulation, components, values, weightings and methods of calculation), and all related intellectual property and property rights, is the exclusive property of ICE Futures U.S., Inc. The U.S. Dollar Index, it’s formulation, components, weightings, values and methods of calculation have been selected, coordinated, arranged and maintained by ICE Futures U.S., Inc. through the application of methods, know-how, creativity and standards of judgment used and developed through the expenditure of considerable work, time, effort and money, and may be modified by ICE Futures U.S., Inc. from time to time based on this same and/or other criteria, and all rights, title and interest therein are proprietary exclusively to and expressly reserved by ICE Futures U.S., Inc. The designations “U.S. Dollar Index”, “Dollar Index” and “USDX” are trademarks and service marks of ICE Futures U.S., Inc., and they are also the subject of various trademark registrations in countries around the world (“ICE Futures Trademarks”). Any use whatsoever of the U.S. Dollar Index, it’s formulation, components, weightings, values and/or methods of calculation, or of the ICE Futures Trademarks, whether directly or indirectly, is strictly prohibited without the express written consent of ICE Futures U.S., Inc.
MIC Code
IFUS
Clearing Venue
ICUS

Trading Hours

CityTradingPre-Open
New York8:00 PM - 5:00 PM*
20:00 - 17:00
7:30 PM
19:30
London1:00 AM - 10:00 PM
01:00 - 22:00
12:30 AM
00:30
Singapore8:00 AM - 5:00 AM*
08:00 - 05:00
7:30 AM
07:30

*Next Day

Codes

Clearing Admin Name
US Dollar Index
Physical
DX
Logical
DX
GMI (FC)
XD
R&N A.C.N.
2211