About CME Nikkei 225 Dollar - Based Futures

Contract Size
The size of one CME Nikkei 225™ futures contract is determined by taking the contract’s multiplier ($5.00) times the current CME Nikkei 225 futures level. The contract moves in ticks of 5.00 index points, or $25 per contract.

CME Nikkei 225™ futures expire on a quarterly basis and are listed four months out in the March quarterly cycle. They trade side-by-side (electronically on CME Globex and via open outcry on the CME floors) during regular trading hours (RTH) and are available on the CME Globex® electronic trading platform during extended trading hours (ETH).

Underlying Index
The Nikkei 225 Stock Average^® Index is one of the oldest Japanese market barometers, first calculated in 1949 It is structured to reflect the Japanese stock market using the 225 top-rated, blue-chip Japanese companies listed in the First Section of the Tokyo Stock Exchange (TSE), featuring such familiar company names as Sony, Honda, and more. The Nikkei 225 Index is price-weighted, so that higher-priced stocks have a greater percentage impact on the Index than lower-priced stocks.

For more details on the Nikkei Stock Average and its construction, visit the Nikkei Web site.