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| CME Live Cattle Futures |
| Trade Unit |
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=48
Ticker=LC
GLOBEX=LE
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| 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 |
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