| Contract Size |
40,000 pounds (˜18 metric tons) |
| Product Description |
12-18 pound frozen pork bellies |
| Pricing Unit |
Cents per pound |
| Tick Size (minimum fluctuation) |
$.00025 per pound ($10 per contract) |
| Daily Price Limits |
$.03 per pound above or below previous day's settlement price; expandable to $.045 per pound
See CME Rule 15102.D |
Trading Hours
(All times listed are Central Time) |
GLOBEX (Electronic Platform)
MON 9:05 a.m. - FRI 1:55 p.m.
Daily trading halts 4:00 p.m. - 5:00 p.m.
OPEN OUTCRY (Trading Floor)
MON-FRI: 9:05 a.m. -1:00 p.m.
|
Last Trade Date/Time
View Calendar |
Business day immediately preceding the last 3 business days of the contract month, 12:00 p.m. |
Contract Months
View Listings |
Feb, Mar, May, Jul, Aug |
| Settlement Procedure |
Physical delivery. See CME Rule 15103. |
| Position Limits |
Non-Spot: 800 contracts in any contract month
Spot: 100-10 contracts
All months combined: 1,000
See CME Rule: 15102.E |
| Ticker Symbol |
Globex = GPB
Open Outcry = PB
Clearing = 56
View Product Codes
View Vendor Codes |
| Rulebook Chapter |
151 |
