Difference between revisions of "ICE Sugar No. 11"

From MarketsWiki
Jump to: navigation, search
 
Line 21: Line 21:
 
ptval    = 1/100 of a cent per pound ($11.20/contract) |  
 
ptval    = 1/100 of a cent per pound ($11.20/contract) |  
 
tickPt  = | <!-- Number of points per trading tick, eg 2.5 -->
 
tickPt  = | <!-- Number of points per trading tick, eg 2.5 -->
tickVal  = | <!-- Dollar (or other currency) amount of trading tick -->
+
tickVal  = 1/100 cent/lb., equivalent to $11.20 per contract.| <!-- Dollar (or other currency) amount of trading tick -->
 
elect    = ICE|   
 
elect    = ICE|   
elHours  = 01:30 to 15:15 ET |  
+
elHours  = 3:30 AM - 1:00 PM: New York |  
 
elLimit  = None|  
 
elLimit  = None|  
 
elSym    = SB|  
 
elSym    = SB|  
Line 38: Line 38:
 
opPtval  = | <!-- dollar (or other currency) value of one market point -->
 
opPtval  = | <!-- dollar (or other currency) value of one market point -->
 
opTickPt  = | <!-- option tick size in points -->
 
opTickPt  = | <!-- option tick size in points -->
opTickVal = | <!-- option tick size in currency -->
+
opTickVal = 1/100 of a cent per pound ($11.20/contract)| <!-- option tick size in currency -->
opElect  = | <!-- Any value if electronic trading is used -->
+
opElect  = y| <!-- Any value if electronic trading is used -->
opEHours  = | <!-- trading hours for open outcry contract; leave blank if none -->
+
opEHours  = 3:30 AM - 1:00 PM: New York| <!-- trading hours for open outcry contract; leave blank if none -->
 
opELimit  = | <!-- Daily price limit for open outcry contract; leave blank if none -->
 
opELimit  = | <!-- Daily price limit for open outcry contract; leave blank if none -->
opESym    = | <!-- Ticker symbol for open outcry session -->
+
opESym    = SB| <!-- Ticker symbol for open outcry session -->
 
opOutcry  = | <!-- Any value if open outcry is used -->
 
opOutcry  = | <!-- Any value if open outcry is used -->
 
opOHours  = | <!-- trading hours for open outcry contract; leave blank if none -->
 
opOHours  = | <!-- trading hours for open outcry contract; leave blank if none -->
 
opOLimit  = | <!-- Daily price limit for open outcry contract; leave blank if none -->
 
opOLimit  = | <!-- Daily price limit for open outcry contract; leave blank if none -->
 
opOSym    = | <!-- Ticker symbol for open outcry session -->
 
opOSym    = | <!-- Ticker symbol for open outcry session -->
opStrike  = <!-- Strike price interval description -->
+
opStrike  = Strike Price Increment will be $.25 cents at all price levels.| <!-- Strike price interval description -->
 
}}
 
}}
  
 
== References ==
 
== References ==
 
<references />
 
<references />

Latest revision as of 11:22, 13 July 2018

ICE wiki logo.jpg

The Sugar No. 11 contract, also known as World Sugar, is the global benchmark contract for raw sugar trading. The contract prices physical delivery of raw cane sugar free-on-board the receiver’s vessel at a port within the country of origin of the sugar as named by the deliverer.

Uses

Sugar No. 11 is used in food, rum, and the fuel additive ethanol. It is a global sugar product, produced in over 120 countries and consumed in every country.[1]

Data Quotes

ICE offers data quotes on a subscription basis.[2]


Sugar No. 11 futures
Exchange ICE
Settlement Physically delivered
Contract Size 112,000 pounds (50 long tons)
Pricing Unit 1/100 of a cent per pound ($11.20/contract)
Tick Value 1/100 cent/lb., equivalent to $11.20 per contract.
Contract Months Mar, May, Jul, Oct
First Notice Date First business day after the last trading day
Last Trading Day Last business day of the month preceding delivery month
  Open Outcry Electronic
Trading Hours 08:30 to 12:30 ET; closing period commences at 12:28 ET 3:30 AM - 1:00 PM: New York
Ticker Symbol SB SB
Price Limits None None
 
Sugar No. 11 options
Trade Unit One futures contract
Point Value Need point value!
Tick Value 1/100 of a cent per pound ($11.20/contract)
Option Months Regular Options: March, May, July and October. Serial Options: January, February, April, June, August, September, November and December
Strike Prices Strike Price Increment will be $.25 cents at all price levels.
  No Open Outcry Electronic
Trading Hours N/A 3:30 AM - 1:00 PM: New York
Ticker Symbol N/A SB
Price Limits N/A N/A

References

  1. Sugar. ICE.
  2. The most valuable commodity is information. ICE.