Chapter 02 · Section 2.1

Case Study IMM DM Futures

Suppose an investor decided to buy 3 June IMM DM Futures contracts.

Note: IMM is the International Monetary Market of the Chicago Mercantile Exchange.

• An IMM DM Futures contract is quoted in cents per DM.
• The standard contract size is DM 125,000.
• It is traded for delivery in March, June, September and December.