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Trade Coffee Futures
Coffee Contract
Specs
To trade Coffee futures,
open a futures
trading account.
Current as of Sept. 2, 2003
and may be subject to change, verify information with your
broker.
| Coffee Futures Info: |
Coffee
Futures Charts, Quotes, Options |
| Trading Unit |
37,500 lbs. (approx. 250 bags) |
| Trading Hours: |
9:15 am to 12:30 pm; closing period
commences at 12:28 pm |
| Price Quotation |
Cents per pound |
| Delivery Months: |
March, May, July, September,
December |
| Ticker Symbol: |
KC |
| Minimum Fluctuation: |
5/100 cent/lb., equivalent to $18.75
per contract. |
| First Notice Trading: |
Seven business days prior to first
business day of delivery month.
Seven business days prior to last business day of
delivery month |
| Last Notice Day: |
One business day prior to last
notice day. |
| Daily Limit on Price Movement: |
None |
| Position Limits: |
Spot Month: 500 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
Coffee Futures
Confers to buyer the right to buy (in the case of a call)
or sell (in the case of a put) one coffee "C" futures
contract.
Current as of Sept. 2, 2003
and may be subject to change, verify information with your
broker.
| Option Trading Cycles: |
Option Name |
Underlying Futures |
Expires 1st Friday of |
| Serial
options (listed in italics) 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 $1.00 |
$.025 |
| Less than $2.00 |
$.05 |
| $2.00 or more |
$.10 |
Current as of Sept 2,
2003 and may be subject to change. Verify information with
your broker.
| Trading Unit |
One coffee "C" futures contract |
| Trading Hours: |
See coffee futures |
| Price Quotation: |
Cents per pound |
| Contract Months: |
"Regular Options": March, May, July,
September, December "Serial Options": January,
February, April, June, August, October, November |
| Ticker Symbol: |
KC |
| Minimum Fluctuation: |
1/100 cent/lb., equivalent to $3.75
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 |
Second Friday of the calendar month
preceding such regular or serial option month;
provided, however, that for each option, there will
be a miniumof four (4) trading days between the last
trading day of the expiring option and the first
notice day of the expiring future. |
| Expiration Date/Time |
9:00 PM NY Time on the 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. |
| 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
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