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Trade Lumber Futures
Lumber Contract
Specs
To trade Lumber futures,
open a futures
trading account.
| Lumber Futures Info: |
Lumber Futures Charts, Quotes, Options |
| Contract Size: |
110,000 bd. ft. of
random lengths 2x4s (8' to 20') |
| Trading Hours: |
10:00 a.m.- 2:05 p.m.
NY Time
LTD(12:05 p.m. If the LTD is on a day that the
market closes early, then the time is 11:05 a.m.) |
| Price Quotation |
$ per 1000 bd. ft |
| Trading Months: |
Seven months of January,
March, May, July, September, and November. |
| Ticker Symbol: |
LB |
| Last Trading Day: |
Business day immediately
preceding the 16th calendar day of the contract
month. |
| Daily Limit on Price Movement: |
$10.00 per thousand
board feet above or below the previous day's
settlement price. |
| Position Limits: |
A person shall not own
or control more than 435 contracts long or short in
any one contract month. For positions involving
options on Random Length Lumber futures, this rule
is superseded by the option speculative position
limit rule. |
These contract specifications are subject to change.
Content Provided by CME.com
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