Ethanol Futures Contract Specs

Contract Unit	29,000 gallons (approximately one railcar)
Trading Hours	CME Globex:	Sunday - Friday : 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
	CME ClearPort:	Sunday - Friday: 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT).
Minimum Price Fluctuation	$0.001 per gallon ($1.827 to $1.828 = $29.00 per contract)
Product Code	CME Globex: EH CME ClearPort: EH Clearing: EH
Listed Contracts	36 consecutive months
Settlement Method	Deliverable
Termination Of Trading	The third business day of the delivery month
Settlement Procedures	Physical delivery Ethanol Futures Settlement Procedures
Position Limits	CBOT Position Limits
Exchange Rulebook	CBOT 16
Block Minimum	Block Minimum Thresholds
Price Limit Or Circuit	$0.30 per gallon ($8,700 per contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on first position day).
Vendor Codes	Quote Vendor Symbols Listing
Last Delivery Date	The second business day following the LTD of the delivery month
Grade And Quality	Denatured Fuel Ethanol ASTM D4806 + California Standards

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