| CME Cash-Settled Butter Options |
| Trade Unit |
One CME Cash-Settled Butter Futures contract, equal to 20,000 pounds |
| Point Descriptions |
1 point = .00025 per pound = $5.00 |
| Contract Listing |
All twelve calendar months. |
| Strike Price Interval |
N/A |
| Product Code |
Clearing=CB Ticker=CB Globex=CB
|
| 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. ReOpen 5:00 p.m.-4:00 p.m. Friday, Close at 1:30 p.m.(12:10 p.m. on the last day of trading) |
| Listed |
N/A |
| Strike |
N/A |
| Limits |
n/a |
| Minimum Fluctuation |
Regular |
0.00025=$5.00 |