-
Trading
Product Groups
Getting Started
-
-
- Active Trader Daily market data and insight for the Individual Active Trader
-
-
-
- QuikStrike Tools Build and refine trading strategies with free analytics tools.
-
Keep track of products you’re interested in, view trading data and access all your contracts in a single location.
-
-
Clearing
-
-
Margin Services
- Try our new interactive margin calculator and evaluate initial margin requirements
-
-
Data
Intraday Data
Services
Subscription Based Data
-
-
- MDP (Streaming) Access our market data directly via our Market Data Platform
-
-
-
- E-Quotes Offering charting, analytics, real-time quotes and news on our products
-
-
-
- CME DataMine (Historical) Comprehensive historical price information available on select CME Group contracts
-
-
-
Technology
-
Education
Learn why traders use futures, how to trade futures, and what steps you should take to get started.
Class IV Milk Futures Contract Specs
| Contract Unit | 200,000 lbs. of Class IV Milk ( ˜ 90 metric tons) | ||||
| Price Quotation | Class IV Milk Dollars per hundredweight (cwt.) |
||||
| Trading Hours | 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. | ||||
| Minimum Price Fluctuation | $0.01 per cwt (= $20.00 per contract) | ||||
| Product Code | CME Globex: GDKCME ClearPort: DKClearing: DK | ||||
| Listed Contracts | 24 Calendar Months | ||||
| Settlement Method | Financially Settled | ||||
| Termination Of Trading | Trading shall terminate on the business day immediately preceding the day on which the USDA announces the Class IV price for that contract month. (LTD 12:10 p.m.) | ||||
| Settlement Procedures | Class IV Milk Settlement Procedures | ||||
| Position Limits | CME Position Limits | ||||
| Exchange Rulebook | CME 55 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
Quick Links
Trade this Product
Tools
- QuikStrike Analytics
- Open Interest
- Commitment of Traders
- Interactive Expiration Calendar
- Conversion Calculators
Related
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.
Contact Us
View AllCME Group / Chicago HQ
Phone: +1 312 930 1000
Toll Free (US Only): +1 866 716 7274
