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Contact Specifications | Trade Futures

OAT FUTURES

back-9322935 forward-1397841

Trading Unit 5,000 bu  
Deliverable Grades

No. 2 Heavy and No. 1 at par and substitutions at differentials established by the exchange  
Price Quote

Cents and quarter-cents/bu  
Tick Size

1/4 cent/bu ($12.50/contract)  
Daily Price Limit

10 cents/bu ($500/contract) above or below the previous day’s settlement price (expandable to 15 cents/bu). No limit in the spot month (limits are lifted two business days before the spot month begins).  
Contract Months

Jul, Sep, Dec, Mar, May  
Last Trading Day

Seventh business day preceding the last business day of the delivery month  
Last Delivery Day

Last business day of the delivery month  
Trading Hours

9:30 a.m. – 1:15 p.m. Chicago time, Mon-Fri. Trading in expiring contracts closes at noon on the last trading day.Project A overnight session hours are from 10:30 p.m. – 4:30 a.m., Sun-Thu  
Ticker Symbols

O

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