London Cocoa Options

London Cocoa Options37089084

Description

The London Cocoa futures contract has long been used as the global benchmark for the pricing of physical cocoa. It is actively traded by producers, exporters, trade houses, processors and chocolate manufacturers as well as by managed funds and both institutional and short‑term investors.

Market Specifications

Trading Screen Product Name
London Cocoa Future
Trading Screen Hub Name
ICEU
Symbol
C
Contract Size
One London Cocoa futures contract
Price Quotation
£ per tonne
Contract Months
March, May, July, September, December, such that ten expiry months are available for trading, subject to the option expiring before the underlying future
Minimum Price Movement
£1 per tonne (£10)
Exercise
American style
Daily Price Limit
None
Strike Price Intervals
£25 per tonne
Expiration Date
12:00 on the last trading day in the calendar month preceding the expiry month
MIC Code
IFLX
Clearing Venues
ICEU