UKRAINIAN WHEAT (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 7:00 p.m. – 1:20 p.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 0.25 per metric ton = $12.50
Product Code CME Globex: UWF
CME ClearPort: UWF
Clearing: UWF
Listed Contracts Monthly contracts listed for 15 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month shall be equal to the arithmetic average of the "FOB Black Sea Wheat (Ukraine 11.5%) price assessment published by Platts for each day that is determined during the contract month. The Floating Price shall be rounded to the nearest $0.01.
Termination Of Trading Trading terminates on the last business day of the contract month which is also a Platts publication date for the price assessment.
Position Limits CBOT Position Limits
Exchange Rulebook CBOT 14U
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Price Limits
Vendor Codes Quote Vendor Symbols Listing