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
TOP