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Black Sea Wheat Financially Settled (Platts) Options Contract Specs

    Please note the SER regarding an increase in BWF spot position limits commencing with the August 2019 contract month.

Contract Unit 50 Metric Tons
Minimum Price Fluctuation $0.05 = 2.50$
Price Quotation U.S. Dollars and cents per Metric Ton
Trading Hours 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)
Product Code CME Globex: BWO
CME ClearPort: BWO
Clearing: BWO
Listed Contracts Monthly contracts listed for 12 consecutive months.A new month will be added on day following LTD of expiring month
Termination Of Trading Trading terminates on the last trading day of the underlying future.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 14T
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Settlement Method Financially Settled
Underlying Black Sea Wheat Financially Settled (Platts) Futures