| Contract Size |
|
29,000 U.S. gallons (approximately one rail car) |
| Deliverable Grades |
|
Denatured Fuel Ethanol as specified in The American Society for Testing and Materials standard D4806 for Denatured Fuel Ethanol for Blending with Gasolines for Use as Automotive Spark-Ignition Engine Fuel plus California standards. |
| Tick Size |
|
One tenth of one cent ($0.001) per gallon ($29 per contract) |
| Price Quote |
|
Dollars and cents/gallon |
| Contract Months |
|
All calendar months |
| Last Trading Day |
|
The 3rd business day of the delivery month. |
| Last Delivery Day |
|
The second business day following the last trading day of the delivery month. |
| Trading Hours |
|
Open Auction: 9:30 a.m. - 1:15 p.m. Chicago Time |
| Ticker Symbols |
|
AC for Open Auction EH for Electronic |
| Daily Price Limit |
|
Thirty cents ($0.30) per gallon ($8,700 per contract) above or below the previous day's settlement price. No limit in the spot month ( limits are lifted beginning on First Position Day). |
| Margin Information |
|
Find information on margins requirements for the Ethanol Futures. |