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UxC Uranium U3O8 Futures Contract Specs

Contract Unit 250 pounds
Price Quotation U.S. dollars and cents per pound
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation 0.05 per pound = $12.50
Product Code CME Globex: UX
CME ClearPort: UX
Clearing: UX
Listed Contracts Monthly contracts listed for 60 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month will be the month-end spot U3O8 price published in Ux Weekly for the contract month by Ux Consulting Company, LLC (UxC). For settlement of this contract, the month-end spot price provided by UxC will be considered final on the payment date stated in Rule 970.08 and will not be subject to any further adjustment.
Termination Of Trading Trading terminates on the last Monday of the contract month. If the last Monday in the contract month is not a business day, trading terminates on the prior business day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 970
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing