US Wheat Options5241946

Description

Options on Cash-Settled U.S. Wheat Futures

Market Specifications

Trading Screen Product Name
US Wheat Futures
Trading Screen Hub Name
NYCC
Commodity Code
IW
Contract Size
One ICE Cash-Settled U.S. Wheat futures contract
Price Quotation
U.S. cents per bushel, quoted to 3 decimal places
Contract Series
Regular Options: March, May, July, September and December; Serial Options: January, February, April, June, August, October and November, with two serial months listed for trading at any time.
Minimum Price Fluctuation
One eighth of one cent per bushel, expressed as .125 ($6.25 per contract)
Strike Price Intervals
5 cents per bushel
Exercise
American style. Options exercise into the underlying cash-settled future.
Last Trading Day
For both Regular and Serial Options, the Last Trading Day shall be the day on which trading terminates in the corresponding CBOT option contract.
Position Limit
See futures contract specifications
MIC Code
IFUS
Clearing Venues
ICUS
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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
Singapore9:00 AM - 3:30 AM*
09:00 - 03:30
8:30 AM
08:30

*Next Day

Codes

Clearing Admin Name
O-US Wheat
Physical
IW
Logical
IW
GMI(FC)
Y-
R&N A.C.N.