| Contract Size |
50,000 pounds (˜23 metric tons) |
| Product Description |
650-849 pound steers, medium-large #1 and medium-large #1-2 |
| Pricing Unit |
Cents per pound |
| Tick Size (minimum fluctuation) |
$.00025 per pound ($12.50 per contract) |
| Daily Price Limits |
$.03 per pound above or below the previous day's settlement price |
Trading Hours
(All times listed are Central Time) |
CME Globex (Electronic Platform)
MON 9:05 a.m. - FRI 1:55 p.m. Central Time
Daily trading halts 4:00 p.m. - 5:00 p.m. Central Time
Open Outcry (Trading Floor)
MON-FRI: 9:05 a.m. -1:00 p.m. Central Time
|
Last Trade Date/Time
View Calendar |
Last Thursday of the contract month with exceptions for November and other months,
12:00 p.m. - See CME Rule 10202.H. |
Contract Months
View Listings |
Jan, Mar, Apr, May, Aug, Sep, Oct, Nov |
| Settlement Procedure |
Cash Settlement. See CME Rule 10203. |
| Position Limits |
Non-Spot: 1,600 contracts in any contract month
Spot: 300 contracts
All months combined: n/a
See CME Rule: 10202.E |
| Ticker Symbol |
CME Globex = GF
Open Outcry = FC
Clearing = 62
View Product Codes
View Vendor Codes |
| Rulebook Chapter |
102 |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |