Contract Size
Sum of component securities shares x component prices

Minimum Price Fluctuation
(Tick Size)
$0.01 index points
($10.00 per contract)

Regular Trading Hours
8:30 a.m. – 3:00 p.m. Central Time

Position Limits
During the last five trading days 1,000 contracts

Daily Price Limits
None

Reportable Position Level
200 Contracts

Contract Months
No more than three quarterly and two serial contract months at any point in a calendar year

Expiration Date/Final Settlement Date
Third Friday of the expiration month, unless the Exchange is not open for trading in which case the expiration date will be the preceding business day

Settlement
Cash settled upon the expiration of the contract. Final settlement price will be based on the opening prices of the component securities on the Final Settlement Date

Last Trading Day
Trading day prior to Expiration Date

Margin Requirements
Initial and maintenance margin requirement of 20% of the cash value of the contract.

Weighting Methodology
Approximate equal dollar weighting

Clearing and Settlement
Trades executed at OneChicago are cleared and settled by the Options Clearing Corporation (OCC).

Corporate Event Contract Notice
Pursuant to Rule 1006 Corporate Action Summary A for Approximately Equal-Dollar Weighted Indexes with selection of option (1) for extraordinary removal of components