| Cotton Futures Info: |
Cotton Futures Charts, Quotes, Options |
| Trading Unit |
50,000 lbs. net weight
(approximately 100 bales) |
| Point Value |
$5.00 |
| Trading Hours: |
10:30 am to 2:15 pm NY Time;
closing period commences at 2:14 pm |
| Price Quotation |
Cents and hundredths of a
cent per pound |
| Trading Months: |
Current month plus one or
more of the next 23 succeeding months.
Active trading months: March, May, July,
October, December |
| Ticker Symbol: |
CT |
| Basis Grade: |
Quality: Strict Low Middling
Staple Length: 1 2/32nd inch
Contact the Exchange for more information an
other specifications |
| Minimum Fluctuation: |
1/100 of a cent (one
"point") per pound below 95 cents per pound.
5/100 of a cent (or five "points") per pound
at prices of 95 cents per pound or higher.*
N.B.: Spreads may always trade and be quoted
in one point increments, regardless of price
levels |
| First Notice Day: |
Five business days from end
of preceding month. |
| Last Trading Day: |
Seventeen business days from
end of spot
month. |
| Daily Limit on Price
Movement: |
3 cents above or below
previous day's settlement price. However, if
any contract months settles at or above
$1.10 per pound, all contract months will
trade with 4 cent price limits. Should no
month settle at or above $1.10 per pound,
price limits stay (or revert) to 3 cents per
lb. Spot month - no limit on or after first
notice day. |
| Position Limits: |
Delivery Month 300 contracts
Any other month 2,500 contracts
All months combined 3,500 contracts
Futures & options have a combined limit in
futures equivalents.
Contact the Exchange for more information. |
