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UxC Uranium U3O8 Futures Contract Specs

Contract Unit 250 pounds of U308
Price Quotation U.S. Dollars and Cents per pound
Trading Hours CME Globex: Sunday – Friday 6:00 p.m. – 5:15 p.m. (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. (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)    
Minimum Price Fluctuation $0.05 per pound
Product Code CME Globex: UX
CME ClearPort: UX
Clearing: UX
Listed Contracts Trading is conducted in 60 consecutive months.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month will be the month-end spot U3O8 price published in Ux Weekly for the contract month by Ux Consulting Company, LLC (UxC). For settlement of this contract, the month-end spot price provided by UxC will be considered final on the payment date stated in Rule 970.08 and will not be subject to any further adjustment.
Termination Of Trading Trading in an expiring contract month shall cease on the last Monday of the contract month that is a business day. If the last Monday in the contract month is not a business day, trading shall cease on the last business day prior to the Monday which is not a business day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 970
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing