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Ethanol Forward Month Futures Contract Specs

Product Codes Ticker: FZE
Clearing: 71
Contract Size 14,500 gallons (half of one futures contract)
Tick Size (minimum fluctuation) $0.0001 per gallon ($1.45 per contract)
Price Quotation Dollars and cents and hundredths of a cent per gallon.
Contract Months For each listed Ethanol futures contract, a forward month futures is listed, with an expiration date one month prior to the corresponding Ethanol futures contract. I.e., if a March Ethanol futures contract is listed, then a February Ethanol forward month futures would also be listed.
Trading Venue CME Globex, CME ClearPort
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
CME ClearPort Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Settlement Procedure Daily Ethanol Forward Month Futures Settlement Procedure (PDF)
Final Ethanol Forward Month Futures Settlement Procedure (PDF)
Last Clearing Date The last business day of the contract month
Rulebook Chapter 16E
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of CBOT.