ICE Futures U.S.

US Soybean Futures

US Soybean Futures5241941

Description

Cash Settled U.S. Soybean Futures

Market Specifications

Trading Screen Product Name
US Soybean Futures
Trading Screen Hub Name
NYCC
Commodity Code
IS
Contract Size
5,000 bushels
Quotation
U.S. cents per bushel, calculated to 3 decimal places
Contract Series
January, March, May, July, August, September and November
Minimum Price Fluctuation
One quarter of one cent per bushel, expressed as .250 ($12.50 per contract)
Daily Price Limit
70 cents per bushel, expandable to $1.05 per bushel then to $1.60 per bushel when the market closes at limit bid or offer. No limit on the expiring contract on the last trading day.
Last Trading Day
Business day prior to the First Notice Day of the corresponding trading month of the Soybean futures contract at the Chicago Board of Trade.
Final Settlement
ICE Cash-Settled US Soybean Futures Contracts are cash settled at expiration based upon the settlement price of the corresponding trading month of the Soybean futures contract at the Chicago Board of Trade on the Last Trade Date for the ICE contract.
Position Limit
Any one month and all months combined limit: 15,000 Futures Contracts and Futures Equivalent Contracts Spot month limit: 600 Futures Contracts as of the close of trading on Last Trading Day.
MIC Code
IFUS
Clearing Venues
ICUS

Related Products

Trading Hours

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

*Next Day

Sunday Pre-Open is 5:30 PM ET and Sunday Open is 6:00 PM ET

Codes

Clearing Admin Name
Soybean
Physical
IS
Logical
IS
GMI(FC)
Y/
R&N A.C.N.