| Underlying Contract |
One Random Length Lumber futures contract |
| Pricing Unit |
Dollars per 1,000 board feet (mbf) |
| Tick Size (minimum fluctuation) |
Full Tick = $.10 per mbf (=$11 per contract);
Half Tick = $.05 per mbf (=$5.50 per contract) |
| Daily Price Limits |
None |
Trading Hours
(All times listed are Central Time) |
CME Globex (Electronic Platform)
MON - THU 5:00pm - 4:00pm (next day) Central Time
SUN and holidays
5:00pm - 4:00pm (next day) Central Time
Open Outcry (Trading Floor)
MON-FRI: 9:00 a.m. -1:07 p.m. Central Time
|
Last Trade Date/Time
View Calendar |
Last business day of the prior month, 1:05 p.m. |
Contract Months
View Listings |
REGULAR
Jan, Mar, May, Jul, Sep, Nov
SERIAL
Feb, Apr, Jun, Aug, Oct, Dec
|
| Strike Price Intervals |
$5 for all months, See CME Rule 201A01.E. |
| Exercise Procedure |
American Style See CME Rule 201A02 |
| Position Limits |
Non-spot: 1,000 contracts in any contract month
Spot: n/a
All months combined: n/a
See CME Rule 201A01.F. |
| Ticker Symbol |
CME Globex = LBS
Open Outcry = KL/JL
Clearing = LB
View Product Codes
View Vendor Codes |
| Rulebook Chapter |
201A |
| Exchange Rule |
These contracts are listed with, and subject to, the rules and regulations of CME. |
