40,000
pounds
Point Descriptions
1 point = $.01 per hundred
pounds = $4.00
Contract Listing
Nine (9) months in the
Even Monthly Cycle: Feb, Apr, Jun, Aug, Oct, Dec.
Strike Price Interval
N/A
Product Code
Clearing=48Ticker=LCGLOBEX=LE
Trading Venue
Floor
Hours
9:05 a.m.-1:00 p.m.
LTD(12:00 p.m.)^ Listed 1.5 cents per pound ($600 per contract) (150 points) above or below the previous day's settlement
price.
Strike
N/A
Limits
$.030/lb,
$1200 See Rule 1502.A
Minimum Fluctuation
Regular 0.00025/lb=$10.00
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=$10.00