AUSTRALIAN WHEAT FOB (PLATTS) FUTURES - CONTRACT SPECS

Contract Unit 50 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
CME ClearPort: 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
Minimum Price Fluctuation 0.25 per metric ton = $12.50
Product Code CME Globex: AUW
CME ClearPort: AUW
Clearing: AUW
Listed Contracts Monthly contracts listed for 12 consecutive months.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the average price calculated for all available price assessments published for “APW Wheat FOB Australia" by Platts during the contract month rounded to the nearest $0.25.
Termination Of Trading Trading terminates on the last business day of the contract month
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 32
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing

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