Pork Cutout 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 | 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 | ||||
| Product Code | CME Globex: PRKCME ClearPort: PRKClearing: PRK | ||||
| Listed Contracts |
2 Feb monthly contracts listed the business day after the termination of trading in the Aug contract month 2 Apr monthly contracts listed the business day after the termination of trading in the Oct contract month 2 May monthly contracts listed the business day after the termination of trading in the Dec contract month 2 Jun monthly contracts listed the business day after the termination of trading in the Dec contract month 2 Jul monthly contracts listed the business day after the termination of trading in the Feb contract month 2 Aug monthly contracts listed the business day after the termination of trading in the Apr contract month 2 Oct monthly contracts listed the business day after the termination of trading in the May contract month 2 Dec monthly contracts listed the business day after the termination of trading in the Jun contract month |
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| Settlement Method | Financially Settled | ||||
| Termination Of Trading | Trading terminates on the 10th business day of the contract month, 12:00 p.m. CT | ||||
| Settlement Procedures | Pork Cutout Settlement Procedures | ||||
| Position Limits | CME Position Limits | ||||
| Exchange Rulebook | CME 156 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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