Indices » US Dollar Futures

optionsXpress brings the world to your desktop with trading in a host of global currency futures. Take advantage of our user-friendly platform and exceptional customer service to trade U.S. Dollar Index futures. Open an account to trade futures at optionsXpress.

Symbol
DX
Exchange
ICE
Contract Size
$1000 x US Dollar Index
Tick Size
0.005 = $5.00

About ICE Futures U.S. Dollar Index Futures

The U.S. Dollar Index provides the world with a comprehensive barometer of the value of the U.S. Dollar, 24 hours a day. Similar in many respects to the Federal Reserve Board's trade-weighted index, the Dollar Index (USDX) is calculated continuously by Reuters using foreign exchange quotes from hundreds of banks around the world, and disseminated by ICE Futures U.S. to all leading market data services. The USDX tracks the value of the Dollar against a basket of six major world currencies.

Just as the Dow Jones Industrial Average provides a general indication of the value of the U.S. stock market, the U.S. Dollar Index provides a general indication of the international value of the U.S. Dollar. The USDX does this by averaging the exchange rates between the U.S. Dollar and six major world currencies.

The Dollar Index is computed using a trade weighted geometric average of the six currencies shown below. These currencies constitute the bulk of international trade with the United States. The USDX is computed 24 hours a day, seven days a week, based on exchange rates supplied to Reuters by some 500 banks worldwide.

  • Euro - Weight of 0.576
  • Japanese Yen - Weight of 0.136
  • British Pound - Weight of 0.119
  • Canadian Dollar - Weight of 0.091
  • Swedish Krona - Weight of 0.042
  • Swiss Franc - Weight of 0.036

optionsXpress offers trading in USDX futures and options at the ICE Futures U.S. Dollar Index futures and futures options offer the financial community the opportunity to trade the worldwide value of the Dollar, without running the risk of exposure to any one specific currency. optionsXpress also offers futures trading on a variety of leading international currencies, such as the Euro, Yen, Canadian Dollar, Australian Dollar, Pound Sterling, Swiss Franc, and Mexican Peso.

ICE Futures U.S. USDX Futures Specifications

U.S. Dollar Index futures, ICE Futures U.S., trading symbol DX. The contract size is $1,000 x U.S. Dollar Index. The minimum tick is 0.005 point, worth $5.00 per contract.

Trade the U.S. dollar Sunday through Friday 8:00 PM US EST to 5:00 PM US EST the following day on the ICE Futures U.S. ICE electronic platform.

Primary trading months for U.S. Dollar Index futures and options are March, June, September, and December.

Please see the disclosures page for additional information regarding this section.