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Trade Cocoa Futures
Cocoa Futures Contract
Specs
To trade Cocoa futures,
open a futures
trading account.
Current as of Sept. 2, 2003
and may be subject to change. Verify information with your
broker.
| Cocoa Futures Info: |
Cocoa Futures Charts, Quotes, Options |
| Trading Unit |
10 metric tons (22,046 pounds) |
| Trading Hours: |
8:00 a.m. - 11:50 a.m. closing
period commences at 11:45 am (NY time) |
| Price Quotation |
Dollars per metric ton |
| Delivery Months: |
March, May, July, September,
December |
| Ticker Symbol: |
CC |
| Minimum Fluctuation: |
$1.00/metric ton, equivalent to
$10.00 per contract and approximately 5/100 cent/lb. |
| First Notice Trading: |
Ten business days prior to first
business day of delivery month. |
| Last Trading Day: |
One business day prior to last
notice day. |
| Delivery Day: |
3rd Wed. of the contract month |
| Daily Limit on Price Movement: |
None |
| Position Limits: |
Spot Month: 750 contracts as of the
first notice day in the expiring month.
Additionally, Position Accountability Rules apply to
all futures and options contract months. Contact the
Exchange for more information. |
These contract specifications are subject to change.
Option Contract on
Cocoa Futures
Current as of Sept. 2, 2003
and may be subject to change. Verify information with your
broker.
Confers to buyer the right to buy (in the case of a
call) or sell (in the case of a put) one cocoa futures
contract.
| Option Trading Cycles: |
Option Name |
Underlying Futures |
Expires 1st Friday of |
| Serial
options are short-life options providing additional
option expirations on existing futures contracts.
All options are designated by the month following
the expiration of the option contract. |
Jan |
March |
December |
| Feb |
March |
January |
| Mar |
March |
February |
| Apr |
May |
March |
| May |
May |
April |
| Jun |
July |
May |
| Jul |
July |
June |
| Aug |
September |
July |
| Sep |
September |
August |
| Oct |
December |
September |
| Nov |
December |
October |
| Dec |
December |
November |
Strike Price
Increments
| Futures Contract Price
|
All Option Months
Increment |
| Less than $2,000 |
$50 |
| Less than $3,600 |
$100 |
| $3,600 or more |
$200 |
Current as of April 22, 2004 and may be subject to
change. Verify information with your broker.
| Trading Unit |
One cocoa futures contract |
| Trading Hours: |
See cocoa futures |
| Price Quotation: |
Dollars per metric ton |
| Contract Months: |
"Regular Options": March, May, July,
September, December "Serial Options": January,
February, April, June, August, October, November |
| Ticker Symbol: |
CC |
| Minimum Fluctuation: |
$1.00/metric ton, equivalent to
$10.00 per contract. |
| First Trading Day: |
"Regular Options": Business day
following the day on which the underlying future is
listed for trading. "Serial Options":
First business day of the third calendar month
preceding the serial option month. |
| Last Trading Day |
First Friday of the month preceding
the contract month. |
| Expiration Date/Time |
9:00 PM New York Time on last
trading day. Notification of intention to exercise
must be made by an options holder to a carrying
member firm by 4:00 PM on such day. carrying member
firm by 3:00 PM that day. |
| Daily Limit on Price Movement: |
None |
| Position Limits: |
See Futures Specifications |
For more information contact the New York Board of
Trade.
Other Futures Contract Specs
|
