||1 futures contract for 20,000 pounds
|Minimum Price Fluctuation
||0.00025 per pound = $5.00
||0.000125 per pound = $2.50
||U.S. cents per pound
||Sundays at 5:00 p.m. through Friday at 1:55 p.m. with daily trading halts from 4:00 p.m. to 5:00 p.m.
||MON-FRI: 9:05 a.m. - 1:12 p.m. (LTD 12:10 p.m.)
||Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
||CME Globex: CBCME ClearPort: CBOpen Outcry: CBClearing: CB
|| Monthly contracts listed for 24 consecutive months
|Termination Of Trading
|| Trading terminates at 12:10 p.m. CT on the business day prior to the USDA announcement of the weighted average price for Butter.
||CME Position Limits
||Block Minimum Thresholds
|Price Limit Or Circuit
||Quote Vendor Symbols Listing
|Strike Price Listing Procedures
||Strikes listed for 50% of the underlying settlement price above and below the at-the-money strike at $0.02 per pound increments in all months.
||American Style See CME Rule 56A02
||Cash-Settled Butter Futures