| Contract Size |
40,000 pounds (~18 metric tons) |
| Product Description |
55% Choice, 45% Select, Yield Grade 3 live steers |
| Pricing Unit |
Cents per pound |
| Tick Size (minimum fluctuation) |
$.00025 per pound (=$10 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 business day of the contract month, 12:00 p.m. |
Contract Months
View Listings |
Feb, Apr, Jun, Aug, Oct, Dec |
| Settlement Procedure |
Physical Delivery See CME Rule 10103. |
| Position Limits |
Non-Spot: 5,400 contracts in any contract month
Spot: 450/300 contracts
All months combined: n/a
See CME Rule: 10102.E |
| Ticker Symbol |
CME Globex = LE
Open Outcry = LC
Clearing = 48
View Product Codes
View Vendor Codes |
| Rulebook Chapter |
101 |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
