Pork Cutout Futures - Contract Specs
| Contract Unit | 40,000 pounds |
|---|---|
| Price Quotation | U.S. cents per pound |
| Trading Hours | CME Globex: Monday - Friday: 8:30 a.m. - 1:05 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 |
| Minimum Price Fluctuation | 0.00025 per pound = $10.00 |
| Product Code | CME Globex: PRK CME ClearPort: PRK Clearing: PRK |
| Listed Contracts | 2 monthly contracts of: • Feb listed after Aug expiration • Apr listed after Oct expiration • May listed after Dec expiration • Jun listed after Dec expiration • Jul listed after Feb expiration • Aug listed after Apr expiration • Oct listed after May expiration • Dec listed after Jun expiration |
| Settlement Method | Financially Settled |
| Termination of Trading | Trading terminates at 12:00 p.m. CT on the 10th business day of the contract month. |
| Settlement Procedures | |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Price Limit or Circuit | |
| Vendor Codes |
