US Soybean Oil Options5241948

Description

Options on Cash-Settled U.S. Soybean Oil Futures

Market Specifications

Trading Screen Product Name
US Soybean Oil Futures
Trading Screen Hub Name
NYCC
Contract Symbol
IBO
Contract Size
One ICE Cash-Settled U.S. Soybean Oil futures contract
Price Quotation
U.S. cents per pound, quoted to 3 decimal places
Contract Months
Regular Options: January, March, May, July, August, September, October, and December; Serial Options: February, April, June, and November, with two serial months listed for trading at any time.
Minimum Price Movement
5/1000th of one cent per pound, expressed as .005 ($3.00 per contract)
Strike Price Intervals
1/2 cent per pound
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 Limits
See futures contract specifications
MIC Code
IFUS
Clearing Venue
ICUS

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-Soybean Oil
Physical
IBO
Logical
IBO
GMI (FC)
Y\
R&N A.C.N.