YM changes to Fair Value settlement


To harmonize the CBOT Dow Jones Index contracts with the rest of CME's US stock-index offerings, CME Group will introduce month-end fair value (FV) settlement procedures for the following contracts:

E-mini Dow ($5) futures and options
Dow ($10) futures and options
BIG Dow DJIA ($25) futures

Currently these contracts follow normal daily settlement procedures on the last business day of the month. Starting in May, they will follow month-end FV settlement procedures, which are designed to help minimize tracking error in the contracts and make them more conducive to institutional trading needs.

Fair Value Settlement Procedures for Dow Jones Index Contracts

Month-End Fair Value Settlement Procedures Q&A