COMMODITY
TYPE
|
|---|
EXCHANGE
NAME
| TRADING TIME
(CENTRAL)
| DELIVERY
MONTHS
| CONTRACT
UNIT
| PRICE
QUOTED IN
| MINIMUM
FLUCTUATION
| $VALUE OF
MINIMUM TICK
| $VALUE OF
1¢ MOVE
|
MAX DAILY LIMITS
ABOVE OR BELOW
PREV CLS.¢
|
MAX DAILY LIMITS
ABOVE OR BELOW
PREV CLS. $
|
DAILY MAX. PERM
RANGE BET. DAY'S
HIGH & LOW ¢
|
DAILY MAX. PERM
RANGE BET DAY'S
HIGH & LOW $
| LAST
TRADE DAY
| FIRST
DELIVERY DAY
| NET MARGIN
REQ INITIAL
| NET MARGIN
REQ MANT.
| SPREAD MARGIN
REQ INITIAL
| SPREAD MARGIN
REQ MANT.
|
|
FEEDER CATTLE
|
|---|
CME
| 9:05-1:00
| F,H,J,K,Q,U,V,X
| 50,000 lbs.
| $/cwt.
| $.025/cwt.
| 12.50
| 500
|
1.5¢/lb.
|
750
|
3¢/lb.
|
1500
| Last Thursday
of contract month
| Cash Settlement
| 675.00
| 500.00
| 270.00
| 200.00
|
|
LIVE CATTLE
|
|---|
CME
| 9:05-1:00
| G,J,M,Q,V,Z
| 40,000 lbs.
| $/cwt.
| $.025/cwt.
| 10.00
| 400
|
1.5¢/lb.
|
600
|
3¢/lb.
|
1200
| Business day prior to
Last 5 business days
| | 4th Bus. day following
1st Friday
| 608.00
| 450.00
| 304.00
| 225.00
|
|
LIVE CATTLE
|
|---|
MACE
| 9:05-1:15
| G,J,M,Q,V,Z
| 20,000 lbs.
| $/cwt.
| $.025/cwt.
| 5.00
| 200
|
1.5¢/lb.
|
300
|
3¢/lb.
|
600
| Business day prior to
last 7 business days
| 3rd business day
| 405.00
| 300.00
| Market
| Market
|
|
