| Underlying Contract |
One Butter Futures contract |
| Pricing Unit |
Cents per per pound |
| Tick Size (minimum fluctuation) |
Full TIck: $0.00025 per pound (= $10.00 per contract)
Half Tick: $0.000125 per pound (= $5.00 per contract) |
| Daily Price Limits |
None |
Trading Hours
(All times listed are Central Time) |
Open Outcry (Trading Floor) |
MON-FRI: 9:05 a.m. - 1:12 p.m. Central Time
|
Last Trade Date/Time
View Calendar |
Trading shall terminate on the first Friday of the delivery month of the
underlying futures contract. If that Friday is not a business day, then trading
shall terminate on the immediately preceding business day. (LTD 12:10 p.m.) |
Contract Months
View Listings |
Mar, May, Jul, Sep, Oct and Dec |
| Strike Price Intervals |
All Contract Months: $0.02 intervals See CME Rule 51A01.E |
| Exercise Procedure |
American Style See CME Rule 51A02 |
| Position Limits |
Non-spot: 1,000 contracts in any contract month
Spot: 200 contracts
All months combined: n/a
See CME Rule 51A02.F. |
Ticker Symbol
View Product Codes
View Vendor Codes |
Open Outcry |
DB
DB = Clearing |
| Rulebook Chapter |
51A |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
