contracts

LIVESTOCK CONTRACTS


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Cattle | Feeder Cattle | Lean Hogs | Pork Bellies

Lean Hogs Contracts Overview | Quote-board

FUTURES
OPTIONS
Ticker Symbol Clearing=LN; Ticker=LH; GLOBEX=HE
Sample Quote In terms of U.S. cents per pound
Contract Size 40,000 pounds of lean value hog carcasses
Minimum Price Fluctuation
(Tick)
Floor: Regular - 0.00025=$10.00
GLOBEX®: Regular - 0.00025=$10.00
Price Limit Floor:$0.02/lb, 200 points, $800 See Rule 15202.D
GLOBEX®:$0.02/lb, 200 points, $800 See Rule 15202.D
Contract Month Listings Nine months of February, April, May, June, July, August, October, and December.
Trading Hours Floor: 9:10 a.m. to 1:00 p.m. LTD(12:00 p.m.)^
GLOBEX®: :10 a.m. to 1:00 p.m. LTD
(12:00 p.m.)^
Last Trading Day The tenth business day of the contract month
Final Settlement Rule Cash settled based upon the CME Lean Hog Index for the two day period ending on the day on which trading terminates.
Position Limits/
Accountability
2400 contracts long or short in any contract month; 950 contracts long or short in the expiring contract month as of the close of business on the fifth business day of the contract month.
Trading Venue Floor, GLOBEX®
Ticker Symbol Clearing; Calls/Puts=LN; Ticker Calls=CH; Ticker Puts=PH
Contract Size One Lean Hogs Futures Contract
Minimum Price Fluctuation
(Tick)
Floor: Regular - 0.00025=$10.00; Cab - 0.000125=$5.00
Price Limit Floor:n/a
Contract Month Listings Eight months of Feb, Apr, May, Jun, Jul, Aug, Oct, Dec and Flex? Options. ^^^^
Trading Hours Floor: 9:10 a.m.-1:02 p.m. LTD(12:00 p.m.)^.
Last Trading Day Same date and time as the underlying futures contract. (The tenth business day of the contract month.)
Position Limits/
Accountability
2400 futures-equivalent contracts net on the same side of the market in any contract month; 950 futures-equivalent contracts net on the same side of the market in the expiring contract month as of the close of business on the fifth business day of the contract month.
Trading Venue Floor

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