UAN FOB NOLA Swaps Contract Specs
| Contract Unit | 100 short tons | ||||
| Price Quotation | U.S. Dollars per ton | ||||
| Trading Hours | 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 | $0.25 ($25 per contract) | ||||
| Product Code | CME ClearPort: UFUClearing: UFU | ||||
| Listed Contracts | 12 consecutive calendar months | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating price shall be based on the arithmetic average of midpoint price assessments published weekly by both ICIS and Profercy during the contract month. | ||||
| Termination Of Trading | Last Thursday of the contract month or if that day is not a business day, on the preceding business day with exception for December-see Rule 46106. | ||||
| Settlement Procedures | Fertilizer Settlement Procedure | ||||
| Position Limits | CBOT Position Limits | ||||
| Exchange Rulebook | CBOT 46 | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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