MGEX-KC HRW Wheat Intercommodity Spread Synthetic
Futures and Options
MGEX-KC HRW Wheat Intercommodity Spread Options - Contract Specs
| Contract Unit | 1 intercommodity futures spread for 5,000 bushels |
|---|---|
| Minimum Price Fluctuation | 1/8 of one cent (0.00125) per bushel = $6.25 |
| Price Quotation | U.S. cents per bushel |
| Trading Hours | CME Globex: Sunday - Friday from 7:00 p.m. - 7:45 a.m. CT and Monday - Friday from 8:30 a.m. - 1:20 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT |
| Product Code | CME Globex: MKW CME ClearPort: MKW Clearing: MKW |
| Listed Contracts | 3 Jul, Sep and Dec spreads listed after the termination of trading in the December spread |
| Termination of Trading | Trading terminates in all contract months, except for a September contract, on the Friday before the 2nd last business day of the month prior to the contract month. The September contract terminates on the Friday before the 2nd last business day of the 3rd month prior to the contract month. If the Friday expiration is not a business day, trading will terminate on the next prior business day. |
| Position Limits | |
| Exchange Rulebook | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Financially Settled |
| Underlying | MGEX-KC HRW Wheat Intercommodity Spread Synthetic Futures |
