Trading Screen Product Name | Mini-sized Chicago SRW Wheat | |
Commodity Code | XW | |
Contract Size | 1 000 bushels/lot | |
Price Quotation | cent / bushel | |
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 | 0.125 cent / bushel | |
Contract Series | March, May, July, September, 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 |
$0.60/bushel | $0.90/bushel | |
Settlement Method | Deliverable | |
Quality Standards | No. 1, No. 2 Wheat |