Difference between revisions of "MGEX Hard Red Spring Wheat"

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months  = Mar, May, July, September (New Crop) and December|  
 
months  = Mar, May, July, September (New Crop) and December|  
 
unit    = 5,000 bushels|  
 
unit    = 5,000 bushels|  
ptdesc  = Cents per bushel|
 
 
ptval    = Not Applicable|
 
ptval    = Not Applicable|
 
tickVal  = 1/4 cent per bushel ($12.50 per contract)|  
 
tickVal  = 1/4 cent per bushel ($12.50 per contract)|  

Revision as of 10:17, 30 June 2008

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Hard Red Spring Wheat futures
Exchange MGEX
Settlement Physically delivered
Contract Size 5,000 bushels
Pricing Unit Not Applicable
Tick Value 1/4 cent per bushel ($12.50 per contract)
Contract Months Mar, May, July, September (New Crop) and December
Last Trading Day Need LTD rules!
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours 9:30 a.m. - 1:15 p.m. Monday-Friday (Central Time) 6:00 p.m.-6:00 a.m. Sunday-Friday (Central Time), 9:30 a.m.-1:15 p.m. Monday-Friday (Central Time)
Ticker Symbol MW MWE

outcry = Y

Price Limits $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information) $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information)
 
Hard Red Spring Wheat options
Trade Unit One futures contract
Point Value $50/cent (Cents per bushel)
Tick Value $6.25 (1/8 point)
Option Months Mar, May, July, September, December
Strike Prices Trading may be conducted for Options with striking price increments of 5 cents and 10 cents
  Open Outcry Electronic
Trading Hours 9:30 a.m. - 1:30 p.m. Monday - Friday (Central Time) 6:00 p.m. - 6:00 a.m. Sunday - Friday (Central Time), 9:30 a.m. - 1:30 p.m. Monday - Friday (Central Time)
Ticker Symbol WP (puts), WC (calls) OMW
Price Limits $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information) $.60 per bushel or $3000 per contract for every other month. No limit for spot month (limits are subject to change. Please refer to MGEX rulebook or homepage for current limit information)