ICE US · Currencies · Futures

U.S. Dollar Index Futures (DX)

ICE U.S. Dollar Index futures (DX) track the dollar against a basket of six major currencies (euro-weighted): $1,000 × the index.

Live DX chart on TradingView Affiliate link

COT data as of Sep 22, 2026 · Margins as of Sep 30, 2026 · Roll & expiry dates checked daily

Tick size / value: 0.005 pts = $5.00
Point value: $1,000 / pt
Active contract: DXZ26 Dec 2026
Next roll: Dec 7 in 69 days
ICE right now: Checking…

Contract specifications

Exchange: ICE Futures U.S.
Underlying: U.S. Dollar Index (USDX)
Contract unit: $1,000 × index
Minimum tick: 0.005 index points = $5.00 per contract
Point value: $1,000.00 per index point · 200 ticks per pt
Price quotation: Index points
Contract months: Quarterly: March (H), June (M), September (U), December (Z)
Settlement: Settles on the third Wednesday of the contract month
Final settlement: Final settlement on the third Wednesday of the contract month
Termination of trading: Two business days prior to the third Wednesday of the contract month
Globex code: DX

Source: ICE Futures U.S. contract specifications · reviewed Sep 30, 2026

Roll dates, first notice & expiration

Contract	Roll date	First notice	Last trading day	Days left
DXZ26 Dec 2026 Active	Mon, Dec 7, 2026	n/a	Mon, Dec 14, 2026	76
DXH27 Mar 2027	Mon, Mar 8, 2027	n/a	Mon, Mar 15, 2027	167
DXM27 Jun 2027	Mon, Jun 7, 2027	n/a	Mon, Jun 14, 2027	258
DXU27 Sep 2027	Fri, Sep 3, 2027	n/a	Mon, Sep 13, 2027	349
DXZ27 Dec 2027	Mon, Dec 6, 2027	n/a	Mon, Dec 13, 2027	440
DXH28 Mar 2028	Mon, Mar 6, 2028	n/a	Mon, Mar 13, 2028	531

Roll. Liquidity moves to the next quarter about a week before expiry. The date shown is five business days before the last trading day.

First notice day. No first notice day. Brokers require positions to be closed or rolled before the last trading day.

Last trading day. Second business day before the third Wednesday of the contract month.

US exchange holidays ahead: Nov 26 · Dec 25 · Jan 1 · Jan 18 · Feb 15 · Mar 26 · May 31 · Jun 18

Learn more: Futures roll dates explained · First notice day vs. last trading day

Calculated from exchange rules and the US exchange holiday calendar. Confirm with the ICE Futures U.S. expiration calendar.

Trading hours (ET / CT)

Session	Eastern (ET)	Central (CT)	Your time
ICE trading hours	Sun–Fri 8:00 p.m. – 5:00 p.m.	Sun–Fri 7:00 p.m. – 4:00 p.m.	–

Holiday hours differ – check the exchange holiday calendar before trading around US holidays. ET is New York time, CT is Chicago time (always one hour behind ET).

Margins

ICE Futures U.S. maintenance margin per contract, outright position · as of Sep 30, 2026
Contract	Maintenance
DXZ26 Dec 2026 Active	$1,974
DXH27 Mar 2027	$1,988
Jun 2027 – Sep 2027	$1,988

Exchange margins are the minimum your clearing firm must collect for positions held overnight. Brokers may require more – and usually offer much lower day-trading margins for positions closed before the session ends. A neutral broker day-margin comparison is coming soon.

Learn more: Futures margin explained

COT positioning

CFTC Traders in Financial Futures (TFF), futures only · positions as of Tue, Sep 22, 2026 · released Sep 25, 2026

Dealers / Intermediaries

−15,538 net contracts

−334 vs. prior week · −33.5% of OI

COT Index 26 wk 58

COT Index 3 yr 25

Movement (6 wk): +25

Banks and dealers on the other side of client flow. Tend to act contrarian – selling strength, buying weakness.

Asset Managers

+16,772 net contracts

+970 vs. prior week · +36.2% of OI

COT Index 26 wk 65

COT Index 3 yr 84

Movement (6 wk): +1

Pension funds, insurers and mutual funds – including currency hedging of foreign holdings.

Leveraged Funds

−4,495 net contracts

+414 vs. prior week · −9.7% of OI

COT Index 26 wk 40

COT Index 3 yr 39

Movement (6 wk): −20

Hedge funds and CTAs. Trend followers – their net position tends to run with price and peaks near turning points.

Net positions, last 3 years contracts, long minus short

Dealers / IntermediariesAsset ManagersLeveraged Funds

COT Index, 3-year window 0 = most net short in 3 years, 100 = most net long · shaded: extreme zones

Dealers / IntermediariesLeveraged Funds

Traders in Financial Futures (TFF) · open interest 46,328 (+2,584 w/w)
Group	Long	Short	Net	Δ 1 wk	Δ 4 wk	Index 26 wk	Index 3 yr	Move 6 wk
Dealers / Intermediaries	5,311	20,849	−15,538	−334	+11,615	58	25	+25
Asset Managers	18,944	2,172	+16,772	+970	+2,754	65	84	+1
Leveraged Funds	12,977	17,472	−4,495	+414	−13,684	40	39	−20
Other Reportables	3,704	2,280	+1,424	−1,246	−1,366	7	76	−13
Nonreportables	3,338	1,501	+1,837	+196	+681	52	73	−3

Legacy Report · open interest 46,328 (+2,584 w/w) · WILLCO (26 wk, commercials vs. OI): 48
Group	Long	Short	Net	Δ 1 wk	Δ 4 wk	Index 26 wk	Index 3 yr	Move 6 wk
Commercials	13,356	25,523	−12,167	+67	+7,671	54	31	+28
Non-Commercials	27,768	17,438	+10,330	−263	−8,352	47	69	−29
Nonreportables (small)	3,338	1,501	+1,837	+196	+681	52	73	−3

Weekly net positions, last 12 reports (Traders in Financial Futures (TFF))

Report date	Dealers / Intermediaries	Asset Managers	Leveraged Funds	Other Reportables	Nonreportables	Open interest
Sep 22, 2026	−15,538	+16,772	−4,495	+1,424	+1,837	46,328
Sep 15, 2026	−15,204	+15,802	−4,909	+2,670	+1,641	43,744
Sep 8, 2026	−26,846	+16,344	+6,186	+2,732	+1,584	57,858
Sep 1, 2026	−27,015	+16,241	+7,133	+1,942	+1,699	50,020
Aug 25, 2026	−27,153	+14,018	+9,189	+2,790	+1,156	47,953
Aug 18, 2026	−27,257	+14,998	+8,112	+2,550	+1,597	47,928
Aug 11, 2026	−27,292	+16,527	+5,772	+2,974	+2,019	49,541
Aug 4, 2026	−27,070	+18,095	+3,849	+2,999	+2,127	52,154
Jul 28, 2026	−27,141	+21,612	−1,601	+4,220	+2,910	58,251
Jul 21, 2026	−24,499	+19,851	−1,938	+3,853	+2,733	53,953
Jul 14, 2026	−23,617	+22,039	−4,866	+3,783	+2,661	53,293
Jul 7, 2026	−23,788	+21,424	−4,454	+3,849	+2,969	53,384

Learn more: How to read the COT report · COT overview of all contracts

How to read these numbers

Net position = long minus short contracts (spread positions excluded).
COT Index = where today's net position sits within its range over the window: 100 × (net − min) / (max − min). It is a stochastic, not a percentile. Readings above 80 or below 20 are commonly treated as positioning extremes (after Stephen Briese and Larry Williams).
Movement Index = change of the 3-year COT Index over 6 weeks. Moves of ±40 points mark unusually fast repositioning.
WILLCO (Legacy report) = COT Index of commercials' net position as a share of open interest, 26-week window.
Positions are as of Tuesday and released Friday at 3:30 p.m. ET. COT data shows positioning, not timing – it is context, not a trading signal. Open-interest-based indicators are left out for stock index futures because quarterly expirations distort open interest.

Source: CFTC Public Reporting Environment · contract market code 098662 (USD INDEX - ICE FUTURES U.S.)

DX profit & loss calculator

Learn more: Tick value and point value explained

Before commissions and exchange fees. Prices round to the nearest tick of 0.005.

FAQ

What is the tick value of Dollar Index futures (DX)?

One tick is 0.005 index points, worth $5.00 per contract. A full index point is worth $1,000.

What does the COT Index show?

The COT Index places a group's current net position within its own range over a lookback window: 100 = the most net long in that window, 0 = the most net short. It measures positioning extremes, not timing.