Educational Resources For Trading
Futures & Options
The following information provides basic contract specifications for the US Dollar Index futures contracts. Please feel free to contact us via Phone, Live Chat, or Email for any further inquiries.
The U.S. Dollar Index is a leading benchmark for the international value of the US dollar and the world’s most widely-recognized, publicly-traded currency index. By using the Dollar Index, traders can take advantage of moves in the value of the US dollar relative to a basket of world currencies or can hedge their portfolio of assets against the risk of a move in the US dollar in a single transaction. There is one contract denomination available for trade:
SYMBOL:
- DX trades in units of $1,000 x Index value
The minimum price fluctuation is 0.005 ($5.00 per contract).
Maximum Daily Price Fluctuation is No Limits.
Contract Expiration: Request Free Demo to gain access to our web-based trading platform. From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.
Margin requirements are subject to change, and are required for open futures positions.
The US Dollar Index is available for trade on the Intercontinental Exchange (ICE). Open outcry trading is conducted from 5:05 AM PT through 12:00PM PT. Electronic trading is conducted from 5:00PM PT through 2:15PM PT the next day, with only a 2-hour 45-minute break each day.
Trading example: If you purchase 1 contract of DX at 85.500 and the next day it moves to 85.900, you have a profit of $400. Inversely, if the price dropped to 85.100 the next day, you would have a loss of $400.
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To make sense of the information
provided and learn how to trade futures please read
through our futures
education.
This information
is from sources believed to be reliable, but Expo Futures
will not be held responsible for either its accuracy
or completeness. Please note that all times posted
are in Pacific Standard Time and are subject to change.
For information on a particular
contract not listed, please feel free to
contact us.
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