Live Cattle Futures Contract Specs
| Live Cattle Futures Info: |
Live Cattle Futures Charts, Quotes, Options |
| Contract Size: |
40,000 pounds |
| Trading Hours: |
Hours 10:05 a.m.- 2:00 p.m. NY Time |
| Price Quotation |
1 point = $.0001 per hundred pounds = $4.00 |
| Trading Months: |
Feb, Apr, Jun, Aug, Oct, Dec, Seven months in the Even Monthly Cycle. Jan, Mar, May, Jul, Sep, Nov, Three months in the Odd Monthly Cycle. |
| Ticker Symbol: |
LC |
| Minimum Fluctuation: |
Floor: Regular - 0.00025/lb=$10.00 |
| Last Trading Day: |
The last business day of the contract month. |
| Daily Limit on Price Movement: |
Floor:$.030/lb, $1200 |
| Position Limits: |
For futures in the even month cycle: 3,300 contracts long or short in any month, 450 contracts long or short in the expiring month at the end of the first business day after the
first Friday of the month, and 300 contracts long or short during the last five business days of the expiring month. For futures in the odd month cycle:
3,300 contracts long or short in any month, 300 contracts long or short in the expiring month at the end of the first business day after the first Friday of the month |
These contract specifications are subject to change.
Content Provided by CME.com
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