- Trading Screen Product Name
- NYBOT Sugar No. 11
- Trading Screen Hub Name
- Contract Size
One SB futures contract (112,000 pounds [50 long tons])
- Price Quotation
Cents and hundreths of a cent to two decimal places
- Contract Months
Regular Options: January, March, May, July and October. Serial Options: February,April, June, August, September, November and December. For the January regular option, the March contract is the underlying future. For serial options, the underlying future is the next Regular futures contract month.
- Minimum Price Movement
1/100 of a cent per pound ($11.20/contract)
- Daily Price Limit
- Strike Price Intervals
Strike Price Increment will be $.25 cents at all price levels.
- First Trading Day (Regular Options)
Business day following the day on which the underlying future is listed for trading.
- First Trading Day (Serial Options)
First business day of the third calendar month preceding the serial option month.
- Last Trading Day
Last Trading Day is the 15th calendar day of the month that precedes the options trading month, or the first business day after the 15th should this day be a weekend or an Exchange holiday.
- Expiration Date
17:00 Eastern time on the last trading day. Automatic exercise at one tick or morein-the-money at expiration on last trading day.
- Position Limits
Position Limit and Position Accountability information for all IFUS
products can be found here
- MIC Code
- Clearing Venues