LEAN HOG FUTURES - CONTRACT SPECS
| Contract Unit | 40,000 pounds | ||||
| Price Quotation | U.S. cents per pound | ||||
| Trading Hours | CME Globex: | Monday - Friday: 8:30 a.m. - 1:05 p.m. CT (9:30 a.m - 2:05 p.m. ET) TAS: Monday - Friday 8:30 a.m. - 1:00 p.m. CT (9:30 a.m - 2:00 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 |
0.00025 per pound = $10.00 TAS: Zero or +/- 4 ticks in the minimum tick increment of the outright |
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| Product Code | CME Globex: HECME ClearPort: LNClearing: LNTAS: HET | ||||
| Listed Contracts |
Monthly contracts listed for: 2 Feb listed in August 2 Apr listed in October 2 May listed in December 2 Jun listed in December 2 Jul listed in February 2 Aug listed in April 2 Oct listed in May 2 Dec listed in June |
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| Settlement Method | Financially Settled | ||||
| Termination Of Trading | Trading terminates on the 10th business day of the contract month. | ||||
| Trade At Marker Or Trade At Settlement Rules | Trading at Settlement (TAS) is subject to the requirements of Rule 524.A. TAS trades off a "Base Price" of zero (equal to the daily settlement price) to create a differential versus the daily settlement price in the underlying futures contract month. The TAS clearing price equals the daily settlement price of the underlying futures contract month plus or minus the TAS transaction price. TAS Table |
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| Settlement Procedures | Lean Hog Settlement Procedures | ||||
| Position Limits | CME Position Limits | ||||
| Exchange Rulebook | CME 152 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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