Difference between revisions of "CME Group Mini-sized Wheat"

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|ctype    = Agricultural <!-- Type of commodity, e.g. Agricultural, Financial, Weather, Emissions -->
 
|ctype    = Agricultural <!-- Type of commodity, e.g. Agricultural, Financial, Weather, Emissions -->
 
|settle  = P <!-- C for cash settled, B for both cash and physical, P or leave blank for physical -->
 
|settle  = P <!-- C for cash settled, B for both cash and physical, P or leave blank for physical -->
|months  = Jul, Sep, Dec, Mar, May. <!-- Contract months traded -->
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|months  = March (H), May (K), July (N), September (U) & December (Z) <!-- Contract months traded -->
 
|fnd      =  <!-- Rules for determining First Notice Date, or blank if none -->
 
|fnd      =  <!-- Rules for determining First Notice Date, or blank if none -->
|ltd      = <!-- Rules for determining Last Trading Day -->
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|ltd      = The business day prior to the 15th calendar day of the contract month. <!-- Rules for determining Last Trading Day -->
 
|unit    = 1,000 bushels <!-- Unit of commodity in contract, e.g. 50,000 pounds -->
 
|unit    = 1,000 bushels <!-- Unit of commodity in contract, e.g. 50,000 pounds -->
 
|ptdesc  =  <!-- Description of one contract point, e.g. 0.0001 cents per pound -->
 
|ptdesc  =  <!-- Description of one contract point, e.g. 0.0001 cents per pound -->
 
|ptval    = 1 tick = 1/8cent per bushel = $1.25 <!-- Dollar (or other currency) value of a single contract point -->
 
|ptval    = 1 tick = 1/8cent per bushel = $1.25 <!-- Dollar (or other currency) value of a single contract point -->
 
|tickPt  =  <!-- Number of points per trading tick, eg 2.5 -->
 
|tickPt  =  <!-- Number of points per trading tick, eg 2.5 -->
|tickVal  = Regular: 1/8cent per bushel = $1.25 <!-- Dollar (or other currency) amount of trading tick -->
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|tickVal  = 1/8 cent per bushel ($1.25 per contract) <!-- Dollar (or other currency) amount of trading tick -->
 
|elect    = Y <!-- Y if an electronic trading session exists; leave blank if none -->
 
|elect    = Y <!-- Y if an electronic trading session exists; leave blank if none -->
|elHours  = Electronic: 6:00 p.m. - 6:00 a.m. and 9:30 a.m. - 1:45 p.m. Sunday-Friday Trading in expiring contracts closes at noon on the last trading day. <!-- Electronic trading hours; leave blank if none -->
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|elHours  = Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and Monday - Friday, 8:30 a.m. - 1:45 p.m. CT <!-- Electronic trading hours; leave blank if none -->
 
|elLimit  = Price limits scalable to next level above or below when price settles at limit. ($0.60/$0.90/$1.35) per bushel ($600/$900/$1,350 contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). <!-- Price limits on electronic trading session; leave blank if none -->
 
|elLimit  = Price limits scalable to next level above or below when price settles at limit. ($0.60/$0.90/$1.35) per bushel ($600/$900/$1,350 contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day). <!-- Price limits on electronic trading session; leave blank if none -->
 
|elSym    = XW <!-- Ticker symbol for electronic platform; leave blank if none -->
 
|elSym    = XW <!-- Ticker symbol for electronic platform; leave blank if none -->
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== Resources ==
 
== Resources ==
 
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*[http://www.cmegroup.com/trading/commodities/grain-and-oilseed/mini-sized-wheat_FO.html CME Group Mini-sized Wheat Contract Specifications]
[http://www.cmegroup.com/trading/commodities/grain-and-oilseed/mini-sized-wheat_FO.html CME Group Mini-sized Wheat Contract Specifications]
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*[http://www.cmegroup.com/confluence/display/EPICSANDBOX/Wheat Mini Wheat Settlement Procedures]
 +
*[http://www.cmegroup.com/rulebook/files/position-limits-cbot.xlsx CBOT Position Limits]
 +
*[http://www.cmegroup.com/rulebook/CBOT/II/14B/14B.pdf CBOT 14B]
 +
*[http://www.cmegroup.com/clearing/trading-practices/block-trades.html#nymexComexProducts Block Minimum Thresholds]
 +
*[http://www.cmegroup.com/trading/Price-Limit-Update.html Price Limits]
 +
*[http://www.cmegroup.com/tools-information/vendorSymbol.html Quote Vendor Symbols Listing]

Latest revision as of 16:01, 25 June 2018

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Mini-Sized Wheat futures
Exchange CME Group
Settlement Physically delivered
Contract Size 1,000 bushels
Pricing Unit 1 tick = 1/8cent per bushel = $1.25
Tick Value 1/8 cent per bushel ($1.25 per contract)
Contract Months March (H), May (K), July (N), September (U) & December (Z)
Last Trading Day The business day prior to the 15th calendar day of the contract month.
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Sunday - Friday, 7:00 p.m. - 7:45 a.m. CT and Monday - Friday, 8:30 a.m. - 1:45 p.m. CT
Ticker Symbol N/A XW
Price Limits N/A Price limits scalable to next level above or below when price settles at limit. ($0.60/$0.90/$1.35) per bushel ($600/$900/$1,350 contract) above or below the previous day's settlement price. No limit in the spot month (limits are lifted beginning on First Position Day).

Notes

Resources