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COTTON

Trading Screen Product Name

ICE US Cotton No. 2

Commodity Code

CTE

Contract Size

50 000 pounds/ lot

Price Quotation

cent / pound

Trading Hours

Monday - Friday

08:00 A.M - 01:20 A.M (the next day)

Minimum Price Fluctuation

0.01 cent / pound

Contract Series

March, May, July, October, and December

Delivery Registration Day

The fifth business day prior to the First Notice Day

First Trading Day

Five business days before the first delivery day of the spot contract month, which is the first business day of that month.

Last Trading Day

Seventeen business days from end of spot month.

Margin

As MXV required

Position Limit

As MXV required

Price Limit

Daily price limit can range from 3 to 7 cents per pound.

Settlement Method

Deliverable

Quality standards

Standards are detailed below


CONTRACT SPECIFICATION

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