Trading Screen Product Name | CBOT Soybean Oil | |
Commodity Code | ZLE | |
Contract Size | 60 000 pound / lot | |
Price Quotation | cent / pound | |
Trading Hours | Monday – Friday
• Session 1: 07:00 A.M – 07:45 P.M • Session 2: 08:30 P.M – 01:20 A.M (the next day) |
|
Minimum Price Fluctuation | 0.01 cent /pound | |
Contract Series | January, March, May, July, August, September, October, and December | |
Delivery Registration Day | The fifth business day prior to the First Notice Day | |
First Notice Day | The last business day of the month prior to the contract month. | |
Last Trading Day | The business day prior to the 15th calendar day of the contract month. | |
Margin | As MXV required | |
Position Limit | As MXV required |
|
Price Limit | Daily Price Limit | Expanded Price Limit |
$0.040/pound | $0.060/pound | |
Settlement Method | Deliverable | |
Quality Standards | Crude soybean oil meeting CBOT-approved grades and standards |