Canola Options250

Description

ICE Futures Canada facilitates trading in Call and Put options on the canola futures contract.

Market Specifications

Contract Symbol
RS
Currency
Canadian dollars.
Underlying Contract
One Canola futures contract.
Contract Size
1 contract = 20 tonnes.
Contract Months
Regular Months: January, March, May, July, November.
Serial Months: February, April, June, August, September, October, December.

For a serial option, the underlying futures contract is the next regular futures contract month.
Trade Match Algorithm
First-in-First-out (FIFO).
Last Trading Day
Options Months except January: The last Friday which precedes by at least two Trading Days the last Trading Day immediately preceding the Options Month. January Options Months: The third Friday of December.
Expiration Date
Same as Last Trading Day.
Minimum Price Flux
$0.10/tonne ($2.00/contract).
Strike Price Increments
$5.00/tonne.
Option Style
American.
Exercise and Automatic Exercise
All options that are in-the-money.
MIC Code
IFCA
Clearing Venue
ICCA

Trading Hours

CityTradingPre-Open
New York8:00 PM - 2:15 PM*
20:00 - 14:15
7:30 PM
19:30
London1:00 AM - 7:15 PM
01:00 - 19:15
12:30 AM
00:30
Singapore8:00 AM - 2:15 AM*
08:00 - 02:15
7:30 AM
07:30

*Next Day

Codes

Clearing Admin Name
Options - Canola
Physical
RS
Logical
RS
GMI (FC)
R&N A.C.N.