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KC HRW-Chicago SRW Wheat Intercommodity Spread Options Contract Specs

Contract Unit 5,000 Bushels
Minimum Price Fluctuation $0.00125 (1/8th of one cent) = $6.25
Trading Hours CME Globex: Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and
Monday -  Friday, 8:30 a.m. - 1:20 p.m. CT
Open Outcry: Monday -  Friday, 8:30 a.m. - 1:15 p.m.
CT with Post session until 1:20 p.m. CT immediately following the close
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
Product Code CME Globex: KWC
CME ClearPort: KWC
Open Outcry: KWC
Clearing: KWC
Listed Contracts KC HRW Jul:CBOT Jul
Following the expiry of the July 2021 contract month, the Contract will be permanently delisted on June 25, 2021.
Termination Of Trading Trading terminates on the last Friday which precedes by at least two business days the last business day of the month prior to the contract month.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 14F
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing
Exercise Procedure The buyer of an KC HRW-CBOT Wheat Spread option that is in-the-money after the close on the last trade day will be cash settled to the final settlement.
Settlement Method Deliverable
Underlying KC HRW-CBOT Wheat Intercommodity Spread Synthetic Futures