2ND CONTRACT BACK LIVE CATTLE CSO - CONTRACT SPECS

Options
Contract Unit 1 futures contract for 40,000 pounds
Minimum Price Fluctuation Outright: 0.00025 per pound = $10.00
HALF TICK 0.000125 per pound = $5.00
Price Quotation U.S. cents per pound
Trading Hours 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
Open Outcry: Monday – Friday: 8:30 am - 1:05 pm
Product Code CME Globex: L0B
CME ClearPort: C0B
Open Outcry: C0B
Clearing: C0B
Listed Contracts Monthly contracts (Feb, Apr, Jun, Aug, Oct, Dec) listed for 2 months
Termination Of Trading Trading terminates at 1:00 p.m. CT on the first Friday of the contract month.
Position Limits CME Position Limits
Exchange Rulebook CME 101B
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures $.005 for all months, $.0025 for front two months only - See CME Rule 101B01.E.
Exercise Procedure See CME Rule 101B02
Settlement Method Deliverable
Underlying Live Cattle Futures