Durum Wheat Options3949529

Description

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

Market Specifications

Symbol
DW
Currency
Canadian dollars
Underlying Contract Size
One Durum Wheat futures contract.
Contract Size
1 contract = 100 tonnes
Contract Months
Regular Months: March, May, July, October, December.

Serial Months: January, February, April, June, August, September, November.

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.
Minimum Price Flux
$0.10/tonne ($10.00 per 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
Durum Wheat
Physical
DW
Logical
DW
GMI (FC)
R&N A.C.N.