Australian Wheat FOB (Platts) Futures - Contract Specs
| Contract Unit | 50 metric tons |
|---|---|
| Price Quotation | U.S. dollars and cents per metric ton |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) 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 | 0.25 per metric ton = $12.50 |
| Product Code | CME Globex: AUW CME ClearPort: AUW Clearing: AUW |
| Listed Contracts | Monthly contracts listed for 12 consecutive months. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the average price calculated for all available price assessments published for “APW Wheat FOB Australia" by Platts during the contract month rounded to the nearest $0.25. |
| Termination of Trading | Trading terminates on the last business day of the contract month |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
