ALUMINUM MW U.S. TRANSACTION PREMIUM PLATTS (25MT) AVERAGE PRICE OPTION - CONTRACT SPECS
| Contract Unit | 55,116 pounds | ||||
| Minimum Price Fluctuation | 0.00001 per pound = $0.55116 | ||||
| Price Quotation | U.S. dollars and cents per pound | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) | ||||
| Product Code | CME Globex: ALOCME ClearPort: ALOClearing: ALO | ||||
| Listed Contracts | Monthly contracts listed for 60 consecutive months.Add new contract month after nearby expiry. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month. | ||||
| Position Limits | COMEX Position Limits | ||||
| Exchange Rulebook | COMEX 1144 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Price Limit Or Circuit | Price Limits | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
| Strike Price Listing Procedures | Strike Price Listing and Exercise Procedures Table | ||||
| Exercise Style | European | ||||
| Settlement Method | Financially Settled | ||||
| Underlying | Aluminum MW U.S. Transaction Premium Platts (25MT) Futures | ||||
Quick Links
Contract Related
- CME ClearPort
- CME ClearPort Upgrade – Brokers
- CME ClearPort Upgrade – Traders
- Daily Bulletin
- Expiration Calendar
- Find a CME ClearPort Broker
- Fee Schedule
- Membership Overview
- Monthly Metals Review
- Open Interest Tool
- Options Expirations Procedures
- Metals Options Exercise Months
Product Related
- Trade TAS
- Service Providers and Storage Fees
- Trading at Settlement for Metals Futures
- Gold as Collateral
- Warehouse & Depository Stocks
Delivery Notices
Resources
© 2021 CME Group Inc. All rights reserved.