CME Corn futures

From MarketsWiki
Jump to: navigation, search

Corn futures
Exchange Chicago Mercantile Exchange
Settlement Physically delivered
Contract Size 5,000 bushels (~ 127 Metric Tons)
Pricing Unit $12.50
Tick Value $.0025
Contract Months March (H), May (K), July (N), September (U) & December (Z)
First Notice Date Second business day following the last trading day of the delivery month.
Last Trading Day The business day prior to the 15th calendar day of the contract month.
  Open Outcry Electronic
Trading Hours 8:30 a.m. – 1:15 p.m. Monday - Friday Central Time. CME Globex- 7:00 p.m. – 7:45 a.m., Sunday - Friday Central Time. 8:30 a.m. – 1:15 p.m., Monday – Friday Central Time.
Ticker Symbol C ZC
Price Limits $0.40 per bushel expandable to $0.60 when the market closes at limit bid or limit offer. There shall be no price limits on the current month contract on or after the second business day preceding the first day of the delivery month. Same as outcry



Corn Futures Contract Specification