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Ethanol Futures

 

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
Electronic Platform: 6:36 p.m. - 6:00 a.m. and 9:30 a.m. to 1:15 p.m. Chicago Time

Note: Expiring contract closes at 12:00 noon on Last Trading Day. 

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. 



Related Documents
Adobe Acrobat PDF - Ethanol Contract Specs - 08.04.2006



 
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