Question

Which one of the following stock index futures has a multiplier of $10 times the index value?

a. Russell 2000
b. Dow Jones Industrial Average
c. Nikkei
d. DAX-30
e. NASDAQ 100

Answer 1

Answer: b. Dow Jones Industrial Average

Explanation: The Dow Jones Industrial Average index futures has a multiplier of $10 times the index value which is used to calculate contract settlements and helps determine the dollar value of each point of price movement. For example, Dow multiplier is 10, meaning each Dow point is worth $10 per contract.