Access and view the recordings of our five-part webinar series explaining the fundamental aspects of Lumber futures and options contracts from CME Group.
Part One: Lumber Deliveries (recorded July 19)
- Explanation of the process and intricacies in Lumber futures deliveries
- What changes the new Lumber contract is bringing to the delivery system
Part Two: Exchange for Related Position (EFRP) - (recorded July 21)
- Understand the regulatory framework around EFRPs
- Clarify expectations under Rule 538 including participation, reporting and pricing requirements
Part Three: Matching Algorithms and Their Impacts (recorded July 26)
- How First In, First Out (FIFO) works
- What implications exist because of the match algo structure
Part Four: Price Limit Structure and Dynamic Circuit Breakers (DCBs) - (recorded July 28)
- Description of a daily price limit mechanism
- Details around dynamic circuit breakers and how they will operate in Lumber futures
Part Five: LBR-LBS Spread - (recorded August 2)
- Learn how you can move your positions from Random Length Lumber futures contact (LBS) to the new Lumber futures contract (LBR)
- Understand how the spread functions and will be traded
The information herein has been complied by CME Group for general informational and education purposes only and does not constitute trading advice or the solicitation of purchases or sale of futures, options, swaps, any other financial instrument, or financial service. The views in this video reflect solely those of the author or speaker and not necessarily those of CME Group or its affiliated institutions. All examples discussed are hypothetical situations, used for explanation purposes only, and should not be considered investment advice of the results of actual market experience. Although every attempt has been made to ensure the accuracy of the information herein, CME Group and its affiliates assume no responsibility for any errors or omissions. All data is sourced by CME Group unless otherwise stated. All matters pertaining to rules and specification herein are made subject to and are superseded by applicable CME Group rules. Current rules should be consulted in all cases concerning contract specifications.
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