| Underlying Contract |
One Dry Whey Futures contract |
| Pricing Unit |
Cents per per pound |
| Tick Size (minimum fluctuation) |
Full TIck: $0.00025 per pound (= $11.00 per contract)
Half Tick: $0.000125 per pound (= $5.50 per contract) |
| Daily Price Limits |
None |
Trading Hours
(All times listed are Central Time) |
CME Globex (Electronic Platform)
Mondays at 9:05 a.m. through Friday at 1:55 p.m. Central Time with
daily trading halts from 4:00 p.m. to 5:00 p.m. Central Time
|
Last Trade Date/Time
View Calendar |
Trading shall terminate on the business day immediately preceding the day on which the USDA
announces the Dry Whey price for that contract month. (LTD 12:10 p.m.) |
Contract Months
View Listings |
All Calendar Months |
| Strike Price Intervals |
All Contract Months: $0.01 intervals, 2 nearest months $0.005 intervals
See CME Rule 57A01.D |
| Exercise Procedure |
American Style See CME Rule 57A02 |
| Position Limits |
Non-spot: 1,000 futures-equivalent contracts in any contract month
Spot: 200 futures-equivelant contracts
All months combined: n/a
See CME Rule 57A01.F. |
| Ticker Symbol |
CME Globex = DY
Clearing = DY
View Product Codes
View Vendor Codes |
| Rulebook Chapter |
57A |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
