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MGEX-KC HRW Wheat Intercommodity Spread Options Contract Specs

Contract Unit 5,000 bushels (~136 metric tons)
Minimum Price Fluctuation 1/8 of one cent ($12.50 per contract)
Price Quotation Cents per bushel
Trading Hours Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and
Monday - Friday, 8:30 a.m. - 1:15 p.m. CT
Product Code CME Globex: MKW
CME ClearPort: MKW
Open Outcry: MKW
Clearing: MKW
Listed Contracts March (H), May (K), July (N), September (U) & December (Z) listed out 2 years and Mgex September (U):CBOT July (N)
Termination Of Trading Trading terminates on the last Friday which precedes by at least 2 business days, the last business day of the month preceding the earliest expiring leg of the spread undrlying the option.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 14K
Vendor Codes Quote Vendor Symbols Listing
Settlement Method Deliverable
Underlying MGEX-KC HRW Wheat Intercommodity Spread Synthetic Futures