| CME Nonfat Dry Milk Futures |
| Trade Unit |
44,000 pounds of Grade A and Extra Grade Dry Milk |
| Point Descriptions |
1 point = $.01 per hundred weight = $44 per contract |
| Contract Listing |
24 consecutive months on a monthly cycle. |
| Strike Price Interval |
N/A |
| Product Code |
Clearing=NF
Ticker=NF
Globex=GNF
|
| Trading Venue: Floor |
| Hours |
9:25 a.m.-1:10 p.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 |
All listed series |
| Strike |
N/A |
| Limits |
$0.025/lb, 250 points ($1100), Expanded Limits $0.05 cents See Rule 8902.D |
| Minimum Fluctuation |
Regular |
0.00025=$11.00 |
| 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. ReOpen 5:00 p.m.-4:00 p.m. Friday, Close at 1:30 p.m.
(12:10 p.m.LTD) |
| Listed |
N/A |
| Strike |
N/A |
| Limits |
Same as Floor |
| Minimum Fluctuation |
Regular |
0.00025=$11.00 |
