FOB Santos Soybeans Financially Settled (Platts) Futures Contract Specs
| Contract Unit | 136 metric tons | ||||
| Price Quotation | U.S. dollars and cents per metric ton | ||||
| Trading Hours | CME Globex: | Monday - Friday: 8:30 a.m. - 1:20 p.m. CT Pre-Open: Monday - Friday: 8:00 a.m. - 8:30 a.m. CT |
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 | 0.20 per metric ton = $27.20 | ||||
| Product Code | CME Globex: SASCME ClearPort: SASClearing: SAS | ||||
| Listed Contracts | 11 monthly contracts listed in the Jan, Feb, Mar, May, Jul, Aug, Sep and Nov contracts | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month shall be equal to the arithmetic average of the “SOYBEX FOB Santos - Platts Symbol SYBBB00 ” price assessment published by Platts for each day that it is determined during the calculation period. The Floating Price shall be rounded to the nearest $0.01. | ||||
| Termination Of Trading | Trading terminates on the business day prior to the 16th calendar day of the month prior to the contract month. | ||||
| Settlement Procedures | South American Soybean Settlement Procedure | ||||
| Position Limits | CBOT Position Limits | ||||
| Exchange Rulebook | CBOT 11F | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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