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Feeder Cattle Futures Specifications

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Futures Contract Specifications
   
The feeder cattle contract specifications tell you how the feeder cattle futures trade, not how to trade to feeder cattle futures. Before you consider opening a commodity futures account, you should consult with a licensed commodities broker.

FEEDER CATTLE FUTURES

Trade Unit

50,000 pounds

    

Point Descriptions

1 point = .0001 cents per pound = $5.00

   

Contract Listing

Jan, Mar, Apr, May, Aug, Sep, Oct and Nov. Eight months listed @ at time. 

    

Strike Price

Interval N/A

   

Product Code

Clearing=62Ticker=FCGLOBEX=GF 

   

Trading Venue

Floor

   

Hours

9:05 a.m.-1:00 p.m. LTD(12:00 p.m.)

    

Listed

All listed series

   

Strike

N/A

   

Limits

$.030/lb, $1500. See Rule 2302.D

   

Minimum Fluctuation

Regular 0.00025/lb=$12.50

   

Trading Venue

CME® Globex®

   

Hours

Mon-Thurs 9:05 a.m.-4:00 p.m. Shutdown period from 4:00 p.m.-5:00 p.m. Re-open 5:00 p.m.-4:00 p.m. Friday Close at 1:30p.m. LTD(12:10 p.m. If the LTD is on a day that the market closes early, then the time is 11:10 a.m.)

   

Listed

N/A

   

Strike

N/A

   

Limits

See Floor Venue limits.

   

Minimum Fluctuation

Regular 0.00025/lb=$12.50

Click here to contact a commodities broker with experience in the feeder cattle market.

Commodity trading is not suitable for everyone. The risk of loss in trading can be substantial. When trading futures and/or options, it is possible to lose more than the full value of your account. All funds committed should be risk capital. Carefully consider the inherent risks of such an investment in light of your financial condition. Past results are not necessarily indicative of future results. Please do your own research before investing in the futures market. This site contains no investment recommendations. The information and opinions contained herein comes from sources believed to be reliable, but are not guaranteed as to accuracy or completeness.

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