Iron Ore 62% Fe, CFR China (Platts)
Futures and Options
Iron Ore 62% Fe, CFR China (Platts) Average Price Option - Contract Specs
| Contract Unit | 500 dry metric tons |
|---|---|
| Minimum Price Fluctuation | 0.01 per dry metric ton = $5.00 |
| Price Quotation | U.S. dollars and cents per dry metric ton |
| Trading Hours | 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) |
| Product Code | CME Globex: ICT CME ClearPort: ICT Clearing: ICT |
| Listed Contracts | Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year. |
| Termination of Trading | Trading terminates on the last Singapore business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Financially Settled |
| Underlying | Iron Ore 62% Fe, CFR China (Platts) Futures |
