CBOT Rulebook

About

About CME Group

About the Company

CME Group at a Glance

Corporate Citizenship

Visit CME Group

CME Group Magazine

Global Offices

Information and Resources

International Incentives Program

Center for Innovation

Markets

Careers|

Investor Relations

Financial Reports

Annual Report 10-K

Quarterly Report 10-Q

Volume Reports

All Financial Reports & SEC Filings

Investor Materials

Email Alerts

Printed Materials

Shareholder Briefcase and RSS Feeds

Download Library

Investor News and Highlights

Events and Presentations

Corporate Governance

Shareholder Information

Shareholder Relations

Electronic Trading

Introduction to CME Globex

Accessing CME Globex

Developing to CME Globex

Introduction to CME Direct

Resources

CME Co-Location Services

Clearing

CME Derivatives Clearing

Clearing Services

Risk Management / CME Span

Financial and Collateral Management

Systems and Operations

Deliveries

Trading Practices

Audit

Business Continuity Management/Disaster
Recovery

Deliveries

CME Issues & Stops

CBOT Issues & Stops

NYMEX Daily Reports

Cash Settled Futures Products

Currency Settled Products

Previous Cash Settled Products

FX Delivery Procedures

Financial and Collateral Management

Standard Acceptable Collateral

Collateral Management Programs

Transaction Information

Forms and Instructions

Risk Management

Performance Bonds/Margins

CME Span

CME CORE: CME Clearing Online Risk Engine

Trading Practices

All-or-None

Block Trades

EFP, EFR and EOO Trades

Forwards Processing

Mutual Offset System (MOSA)

Clearing Operations

Front End Clearing Systems

Broker Payment Systems

Give-up Payment Systems

Clearing System Documentation Directory

Business Continuity Mgt/DR

CME Clearing Disaster Recovery Process

CME Group Annual Connectivity and DR
Exercise Overview

Audit

Financial Surveillance Programs

Joint Audit Committee

Forms

CME ClearPort

CME ClearPort - OTC Derivatives Clearing

CME ClearPort

Product Slate

Getting Started

Learn More

What is CME ClearPort?

CME ClearPort Demo

CME ConfirmHub

CME Cleared Trades API

CME ClearPort API Information

CME Clearing Disaster Recovery Process

Market Data Services

New and Existing Distributors

Becoming a Distributor

Tools and Resources: Existing Distributors

CME DataPoint

Global Partnerships

Direct Connectivity (MDP)

Market Data Platform Products

Historical Data Services

On-Demand Cloud Services

E-quotes

Licensed Distributors

Authorized Licensed Distributors

Free Reports

Free Real-time Quotes

Delayed Quotes

Market Regulation

Rulebooks

Market Regulation Advisory Notices (MRANs)

Position Limits

Regulatory Outreach

Dispute Resolution/Arbitration

Other Regulatory Agencies

CFTC/SEC Rule Filings

Education

Futures & Options Education for Effective Trading Strategies and Risk Management

General

Market Commentary and Analysis

Materials

Strategies & Techniques

Resources

Trading Resources

Clearing and Trading Fees

Conversion Calculator

Find a Broker

Floor Trading

Hedge Funds

Products First Trade Date

Product Code Guide

Quote Vendor Symbols

Trading Hours

Performance Bonds/Margins

General Resources

CME Group Customer Contacts

Special Executive Report (SER)

Calendars

Economic Release Calendar

Agriculture

Agricultural Products Homepage

CME ClearPort Product Slate

Block Trades

Grains and Oilseeds (CBOT)

Corn

FUT | OPT

Mini-Sized Corn

FUT

Corn Calendar Spread Options

OPT

Distillers Dried Grain

FUT

Wheat

FUT | OPT

MGEX-CBOT Wheat Spread Options

OPT

Mini-Sized Wheat

FUT

Wheat Calendar Spread Options

OPT

Soybeans

FUT | OPT

Mini-Sized Soybeans

FUT

Soybean Calendar Spread Options

OPT

Soybean Meal

FUT | OPT

Soybean Meal Calendar Spread Options

OPT

Soybean Oil

FUT | OPT

Soybean Oil Calendar Spread Options

OPT

Soybean Crush

FUT | OPT

Oats

FUT | OPT

Rough Rice

FUT | OPT

Wheat-Corn Intercommodity Spread Options

OPT

Soybean - Corn Price Ratio Option

OPT

Grains and Oilseeds (CME)

Crude Palm Oil

FUT

Livestock (CME)

Live Cattle

FUT | OPT

Live Cattle Calendar Spread Options

OPT

Lean Hogs

FUT | OPT

Lean Hogs Calendar Spread Options

OPT

Feeder Cattle

FUT | OPT

Dairy (CME)

Class III Milk

FUT | OPT

Class IV Milk

FUT | OPT

International Skimmed Milk Powder

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

Cheese Spot Call Blocks

Cheese Spot Call Barrels

Nonfat Dry Milk Spot Call Grade Extra

Nonfat Dry Milk Spot Call Grade A

Forest (CME)

Random Length Lumber

FUT | OPT

Softwood Pulp

FUT | OPT

Commodity Indexes (CME)

DJ-UBS Commodity Index

FUT

S&P-GSCI

FUT | OPT

S&P-GSCI Excess Return Index

FUT

Softs (NYMEX)

FUT

FUT

FUT

FUT

Energy

Energy Products Homepage

CME ClearPort Product Slate

Block Trades

Trade at Marker Prices

Crude Oil (NYMEX)

CL Light Sweet Crude Oil (WTI)

FUT | OPT

WS Crude Oil - Financial

FUT

NBZ Brent 25-Day (Platts)

FUT | OPT

WCE Western Canadian Select (WCS) Crude Oil

FUT

CVF Crude Oil Volatility Index (VIX)

FUT | OPT

QM E-mini Light Sweet Crude Oil (WTI) - Financial

FUT

BZ Brent Crude Oil Last-day - Financial

FUT | OPT

RE Russian Export Blend Crude Oil (REBCO)

FUT

R2 Russian Export Blend Crude Oil (REBCO) - Financial

FUT

MB Gulf Coast Sour Crude Oil

FUT

A0 Argus Sour Crude Index Financial

FUT

BB Brent Crude Oil Penultimate Financial

FUT | OPT

Ethanol (CBOT)

EH CBOT Ethanol

FUT | OPT

Ethanol (NYMEX)

QEN NYMEX Ethanol

FUT

Natural Gas (NYMEX)

NG Natural Gas (Henry Hub)

FUT | OPT

MNG Henry Hub Natural Gas Last Day Physically-Delivered

FUT

HH Henry Hub Natural Gas Last-Day - Financial

FUT

HP Henry Hub Natural Gas Penultimate - Financial

FUT

QG E-mini Natural Gas (Henry Hub) - Financial

FUT

NP Henry Hub Natural Gas Penultimate Swap - Financial

FUT

NN Henry Hub Natural Gas Swap - Financial

FUT

PPB Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas BALMO Futures

FUT

PPD Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Daily/Weekend Futures

FUT

Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Basis Futures

FUT

PPM Pine Prairie Energy Center (PPEC) Physically Delivered Natural Gas Monthly Futures

FUT

Electricity (NYMEX)

L1 PJM Western Hub Peak Calendar Month Real Time LMP Swap Future

FUT

4SN PJM Western Hub 50 MW Peak Calendar Month Real Time LMP Swap Future

FUT

Z9 PJM AEP Dayton Hub 5MW Peak Calendar-Month Real-Time LMP Swap Futures

FUT

U6 ISO New England Internal Hub 5 MW Peak Calendar-Month Day-Ahead LMP Swap Futures

FUT

T3 NYISO Zone G 5 MW Peak Calendar-Month Day-Ahead LBMP Swap Futures

FUT

K3 NYISO Zone A 5 MW Peak Calendar-Month Day-Ahead LBMP Swap Futures

FUT

H3 Midwest ISO Cinergy Hub 5 MW Peak Calendar-Month Real-Time Swap Futures

FUT

B3 PJM Northern Illinois Hub 5 MW Peak Calendar-Month Real-Time LMP Swap Futures

FUT

Refined Products (NYMEX)

HO Heating Oil

FUT | OPT

BH Heating Oil - Financial

FUT

ULS NY ULSD - Financial

FUT

QH E-mini Heating Oil - Financial

FUT

RB RBOB Gasoline

FUT | OPT

RT RBOB Gasoline - Financial

FUT

QU E-mini RBOB Gasoline - Financial

FUT

7F European Gasoil (ICE) - Financial

FUT

LR Gulf Coast Gasoline

FUT

LU Gulf Coast Harbor Ultra Low Sulfer Diesel (ULSD)

FUT

LH New York Harbor Ultra Low Sulfur Diesel (ULSD)

FUT

Coal (NYMEX)

QL Central Appalachian Coal (CAPP)

FUT

Other

UX Uranium

FUT

Equity Index

Equity Index Homepage

Block Trades

US Index Futures and Options (CME)

E-mini S&P 500 (Dollar)

FUT | OPT

E-mini S&P 500 (Euro)

FUT

S&P 500

FUT | OPT

E-mini S&P MidCap 400

FUT | OPT

S&P MidCap 400

FUT | OPT

E-mini S&P SmallCap 600

FUT | OPT

FUT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

E-mini NASDAQ Composite

FUT

E-mini NASDAQ Biotechnology

FUT

US Index Futures and Options (CBOT)

Dow Jones U.S. Real Estate Index

FUT

E-mini Dow ($5)

FUT | OPT

DJIA ($10)

FUT | OPT

BIG Dow DJIA ($25)

FUT

End-of-Month (EOM) Options (CME)

E-mini S&P 500 EOM

OPT

S&P 500 EOM

OPT

Weekly Options (CME)

E-mini S&P 500 Weekly

OPT

S&P 500 Weekly

OPT

E-mini NASDAQ-100 Weekly

OPT

NASDAQ-100 Weekly

OPT

International Index Futures and Options (CME)

E-mini S&P CNX Nifty

FUT

E-micro S&P CNX Nifty

FUT

Nikkei 225 (Dollar)

FUT | OPT

Nikkei 225 (Yen)

FUT

Custom Indexes (CME)

Custom Index Futures

FUT

Select Sector Indexes (CME)

E-mini S&P Select Sector Index

FUT

FX Products Homepage

CME ClearPort Product Slate

Block Trades

G10 Currency Pairs (CME)

FUT | OPT

FUT

FUT

FUT

FUT | OPT

FUT

FUT | OPT

FUT

Dow Jones CME FX$INDEX

FUT

FUT | OPT

FUT

FUT

FUT | OPT

FUT

FUT | OPT

FUT | OPT

FUT

FUT

G10 Currency Pairs (cont.)

FUT | OPT

FUT

FUT

FUT | OPT

FUT

FUT

FUT | OPT

FUT

E-micros (CME)

FUT

FUT

FUT

FUT

FUT

FUT

FUT

FUT

FUT

FUT

Emerging Market Currency Pairs (CME)

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT | OPT

FUT

FUT

FUT

FX VolContracts (CME)

EUR/USD 1-month Realized Volatility futures

FUT

EUR/USD 3-month Realized Volatility futures

FUT

Interest Rates

Interest Rate Products Homepage

STIR (CME)

FUT | OPT

FUT

OPT

FUT | OPT

FUT | OPT

FUT | OPT

Eurodollar Calendar Spread Options

OPT

STIR (CBOT)

30-Day Federal Funds

FUT | OPT

Cleared OTC

Interest Rate Swaps

Sovereign Yield Spreads (CME)

US-UK 10-Year Sovys Futures

FUT

US-DE 10-Year Sovys Futures

FUT

US-FR 10-Year Sovys Futures

FUT

US-IT 10-Year Sovys Futures

FUT

US-Nd 10-Year Sovys Futures

FUT

UK-DE 10-Year Sovys Futures

FUT

UK-FR 10-Year Sovys Futures

FUT

UK-IT 10-Year Sovys Futures

FUT

UK-ND 10-Year Sovys Futures

FUT

DE-FR 10-Year Sovys Futures

FUT

DE-IT 10-Year Sovys Futures

FUT

DE-ND 10-Year Sovys Futures

FUT

U.S. Treasury Futures and Options
(CBOT)

Ultra T-Bond

FUT | OPT

U.S. Treasury Bond

FUT | OPT

10-Year U.S. Treasury Note

FUT | OPT

5-Year U.S. Treasury Note

FUT | OPT

3-Year U.S. Treasury Note

FUT

2-Year U.S. Treasury Note

FUT | OPT

OTR 2-Year U.S. Treasury Note

FUT

OTR 5-Year U.S. Treasury Note

FUT

OTR 10-Year U.S. Treasury Note

FUT

U.S. Treasury Futures and Options
(CME)

13-week T-bill

FUT

Intercommodity Spreads (CBOT)

Treasury and Swap Spreads

FUT

Swap Futures and Options (CBOT)

5-Year Interest Rate Swap

FUT | OPT

7-Year Interest Rate Swap

FUT | OPT

10-Year Interest Rate Swap

FUT | OPT

30-Year Interest Rate Swap

FUT | OPT

Interest Rate Indexes (CME)

Barclays U.S. Aggregate Bond Index Futures

FUT

Eurozone HICP Futures

FUT

Interest Rate Indexes (CBOT)

Dow Jones CBOT Treasury Index

Metals

Metals Products Homepage

CME ClearPort Product Slate

Block Trades

Precious (COMEX)

GC Gold

FUT | OPT

GVF Gold Volatility Index (VIX)

FUT | OPT

FUT

FUT

FUT | OPT

FUT

FUT

Precious (NYMEX)

PL Platinum

FUT | OPT

PA Palladium

FUT | OPT

Base (COMEX)

HG Copper

FUT | OPT

QC E-mini Copper

FUT

Ferrous (NYMEX)

HR US Steel Coil

FUT

Other

UX Uranium

FUT

OTC

Cleared OTC Homepage

Cleared OTC Products and Services

CME Clearport Product Slate

Real Estate

Real Estate Products Homepage

Block Trades

S&P/Case-Shiller Home Price Index (CME)

FUT | OPT

Weather

Weather Products Homepage

Block Trades

Temperature (CME)

U.S. Cooling Monthly

FUT | OPT

U.S. Cooling Seasonal

FUT | OPT

U.S. Heating Monthly

FUT | OPT

U.S. Heating Seasonal

FUT | OPT

U.S. Weekly Weather

FUT | OPT

Canada CAT Monthly

FUT | OPT

Canada CAT Seasonal

FUT | OPT

Canada Cooling Monthly

FUT | OPT

Canada Cooling Seasonal

FUT | OPT

Canada Heating Monthly

FUT | OPT

Canada Heating Seasonal

FUT | OPT

Europe CAT Monthly

FUT | OPT

Europe CAT Seasonal

FUT | OPT

Europe Heating Monthly

FUT | OPT

Europe Heating Seasonal

FUT | OPT

Asia-Pacific Monthly

FUT | OPT

Asia-Pacific Seasonal

FUT | OPT

Australia Cooling Monthly

FUT | OPT

Australia Cooling Seasonal

FUT | OPT

Australia Heating Monthly

FUT | OPT

Australia Heating Seasonal

FUT | OPT

Hurricanes (CME)

Hurricane

FUT | OPT

Hurricane Seasonal

FUT | OPT

Hurricane Seasonal Maximum

FUT | OPT

Frost (CME)

Frost Monthly

FUT | OPT

Frost Seasonal

FUT | OPT

Snowfall (CME)

Snowfall Monthly

FUT | OPT

Snowfall Seasonal

FUT | OPT

Rainfall (CME)

Rainfall Monthly

FUT | OPT

Rainfall Seasonal

FUT | OPT

CBOT Rulebook

Search CBOT Rulebook

examples: rule 813, chapter 8, settlement price

Certificate of Incorporation, Bylaws and Definitions

CBOT Rulebook
i. CBOT Certificate of Incorporation
ii. CBOT Bylaws
iii.CBOT Definitions

Browse CBOT Rulebook

Exchange Rules, Regulations, Definitions

Chapter 1 Membership

Chapter 2 Government

Chapter 3 Exchange Committees

Chapter 4 Enforcement of Rules

Chapter 5 Trading Qualifications and Practices

Chapter 6 Arbitration

Chapter 7 Delivery Facilities and Procedures

Chapter 8 Clearing House and Performance Bonds

Chapter 9 Clearing Members

Agriculture

Chapter 10 Corn Futures

Chapter 10A Options on Corn Futures

Chapter 10B Mini-Sized Corn Futures

Chapter 10C Corn Calendar Swaps (Clearing Only)

Chapter 10J Corn Calendar Spread Options

Chapter 10M Soybean-Corn Intercommodity Ratio Options

Chapter 10N Wheat-Corn Intercommodity Spread Options

Chapter 11 Soybean Futures

Chapter 11A Options on Soybean Futures

Chapter 11B Mini-Sized Soybean Futures

Chapter 11C Soybean Board Crush Spread Options

Chapter 11D Soybean Calendar Swaps (Clearing Only)

Chapter 11E Soybean Calendar Spread Options

Chapter 12 Soybean Oil Futures

Chapter 12A Options on Soybean Oil Futures

Chapter 12B Soybean Oil Calendar Spread Options

Chapter 13 Soybean Meal Futures

Chapter 13A Options on Soybean Meal Futures

Chapter 13B Soybean Meal Calendar Spread Options

Chapter 14 Wheat Futures

Chapter 14A Options on Wheat Futures

Chapter 14B Mini-Sized Wheat Futures

Chapter 14C Wheat Calendar Swaps (Clearing Only)

Chapter 14D Wheat Calendar Spread Options

Chapter 14E MGEX-CBOT Wheat Intercommodity Spread Options (Terms and Conditions)

Chapter 15 Oat Futures

Chapter 15A Options on Oat Futures

Chapter 17 Rough Rice Futures

Chapter 17A Options on Rough Rice Futures

Chapter 41 Distillers' Dried Grain Futures

Chapter 45 Urea (Granular) FOB US Gulf Coast Swaps (Clearing Only)

Chapter 46 UAN FOB NOLA Swaps (Clearing Only)

Chapter 47 DAP FOB Tampa Swaps (Clearing Only)

Chapter 48 DAP FOB NOLA Swaps (Clearing Only)

Energy

Chapter 16 Denatured Fuel Ethanol Futures

Chapter 16A Standard Options on Denatured Fuel Ethanol Futures

Chapter 16C Denatured Fuel Ethanol Forward Month Swaps (Clearing Only)

Chapter 16D Cash-Settled Options on Denatured Fuel Ethanol Forward Month Calendar Swaps (Clearing Only)

Equities and Other Indexes

Chapter 26 CBOT Dow Jones Industrial Average Index Futures ($10 Multiplier)

Chapter 26A CBOT Dow Jones Industrial Average Index ($10 Multiplier) Futures Options

Chapter 27 CBOT Dow Jones Industrial Average Index Mini-Sized Futures ($5 Multiplier)

Chapter 27A CBOT Dow Jones Industrial Average Index ($5 Multiplier) Futures Options

Chapter 28 CBOT Dow Jones Industrial Average Index Futures ($25 Multiplier)

Chapter 29 CBOT Dow Jones-UBS Excess Return Commodity Index Futures

Chapter 29A CBOT Dow Jones-UBS Commodity IndexSM Swaps (Cleared OTC)

Chapter 29B DJ-UBS Commodity Index 2 Month ForwardSM (DJ-UBS CI-F2SM) Swaps

Chapter 29C DJ-UBS Commodity Index 3 Month ForwardSM (DJ-UBS CI-F3SM) Swaps

Chapter 30 CBOT Dow Jones US Real Estate Index Futures

Chapter 34 Single Stock Futures

Chapter 35 Narrow Based Stock Index Futures

Interest Rate Products

Chapter 18 U.S. Treasury Bond Futures

Chapter 18A Standard Options on U.S. Treasury Bond Futures

Chapter 18B Flexible Options on U.S. Treasury Bond Futures

Chapter 19 Long-Term U.S. Treasury Note Futures (6 1/2 to 10-Year)

Chapter 19A Standard Options on Long-Term U.S. Treasury Note Futures

Chapter 19B Flexible Options on Long-Term U.S. Treasury Note Futures

Chapter 20 Medium-Term U.S. Treasury Note Futures (5-Year)

Chapter 20A Standard Options on Medium-Term U.S. Treasury Note Futures

Chapter 20B Flexible Options on Medium-Term U.S. Treasury Note Futures

Chapter 21 Short-Term U.S. Treasury Note Futures (2-Year)

Chapter 21A Standard Options on Short-Term U.S. Treasury Note Futures

Chapter 21B Flexible Options on Short-Term U.S. Treasury Note Futures

Chapter 22 30-Day Federal Fund Futures

Chapter 22A Standard Options on 30-Day Federal Fund Futures

Chapter 23 10-Year Interest Rate Swap Futures

Chapter 23A Options on 10-Year Interest Rate Swap Futures

Chapter 24 5-Year Interest Rate Swap Futures

Chapter 24A Options on 5-Year Interest Rate Swap Futures

Chapter 25 30-Year Interest Rate Swap Futures

Chapter 25A Options on 30-Year Interest Rate Swap Futures

Chapter 38 7-Year Interest Rate Swap Futures

Chapter 38A Options on 7-Year Interest Rate Swap Futures

Chapter 39 3-Year U.S. Treasury Note Futures

Chapter 40 Long-Term U.S. Treasury Bond Futures

Chapter 40A Standard Options on Long-Term U.S. Treasury Bond Futures

Chapter 40B Flexible Options on Long-Term U.S. Treasury Bond Futures

Chapter 42 2-Year On-the-Run Treasury Yield Futures

Chapter 43 5-Year On-the-Run Treasury Yield Futures

Chapter 44 10-Year On-the-Run Treasury Yield Futures