Contract Unit | 29,000 gallons | ||||
Price Quotation | U.S. dollars and cents per gallon | ||||
Trading Hours | CME Globex: | Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 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 | 0.001 per gallon = $29.00 | ||||
Product Code | CME Globex: EHCME ClearPort: EHClearing: EH | ||||
Listed Contracts | Monthly contracts listed for 36 consecutive months | ||||
Settlement Method | Deliverable | ||||
Termination Of Trading | Trading terminates on 3rd business day of the contract month. | ||||
Settlement Procedures | Physical delivery Ethanol Futures Settlement Procedures |
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Position Limits | CBOT Position Limits | ||||
Exchange Rulebook | CBOT 16 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Price Limit Or Circuit | $0.30 per gallon ($8,700 per contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on first position day). |
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Vendor Codes | Quote Vendor Symbols Listing | ||||
Last Delivery Date | The second business day following the LTD of the delivery month | ||||
Grade And Quality | Denatured Fuel Ethanol ASTM D4806 + California Standards |