CME Group Ethanol

Ethanol Futures 	Ethanol Futures 	Ethanol Futures
Contract Unit 	29,000 gallons 	29,000 gallons
Price Quotation 	U.S. dollars and cents per gallon 	U.S. dollars and cents per gallon
Trading Hours 	CME Globex: 	Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Trading Hours 	CME ClearPort: 	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation	0.001 per gallon = $29.00 	0.001 per gallon = $29.00
Product Code 	CME Globex: EH
CME ClearPort: EH
Clearing: EH 	CME Globex: EH
CME ClearPort: EH
Clearing: EH
Listed Contracts 	Monthly contracts listed for 36 consecutive months 	Monthly contracts listed for 36 consecutive months
Settlement Method 	Deliverable 	Deliverable
Termination of Trading 	Trading terminates on 3rd business day of the contract month. 	Trading terminates on 3rd business day of the contract month.
Settlement Procedures 	Physical delivery
Ethanol Futures Settlement Procedures 	Physical delivery
Ethanol Futures Settlement Procedures
Position Limits 	CBOT Position Limits 	CBOT Position Limits
Exchange Rulebook 	CBOT 16 	CBOT 16
Block Minimum 	Block Minimum Thresholds 	Block Minimum Thresholds
Price Limit or Circuit 	Price Limits 	Price Limits
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing
Last Delivery date 	The second business day following the LTD of the delivery month	The second business day following the LTD of the delivery month
Grade and Quaity 	Denatured Fuel Ethanol ASTM D4806 + California Standards 	
Ethanol Options 	Ethanol Options 	Ethanol Options
Contract Unit 	One futures contract 	One futures contract
Minimum Price Fluctuation 	$0.001 per gallon ($1.827 to $1.828 = $29.00 per contract) 	$0.001 per gallon ($1.827 to $1.828 = $29.00 per contract)
Trading Hours 	CME Globex: 	Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Trading Hours 	CME Clearport: 	Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Product Code 	CME Globex: OEH
CME ClearPort: EH
Clearing: EH 	CME Globex: OEH
CME ClearPort: EH
Clearing: EH
Listed Contracts 	15 consecutive months 	15 consecutive months
Settlement Procedures 	Receive a futures position for the corresponding month. 	Receive a futures position for the corresponding month.
Termination of Trading 	Trading terminates on the last Friday which precedes by at least two business days the last business day of the month prior to the contract month. Trading in expiring options ceases at the close of the regular CME Globex trading session for the corresponding futures contract.	Trading terminates on the last Friday which precedes by at least two business days the last business day of the month prior to the contract month. Trading in expiring options ceases at the close of the regular CME Globex trading session for the corresponding futures contract.
Position Limits 	CBOT Position Limits 	CBOT Position Limits
Exchange Rulebook 	CBOT 16A 	CBOT 16A
Price Limit or Circuit 	$0.30 per gallon ($8,700 per contract) above or below the previous day's settlement price. Limits are lifted on LTD. 	$0.30 per gallon ($8,700 per contract) above or below the previous day's settlement price. Limits are lifted on LTD.
Vendor Codes 	Quote Vendor Symbols Listing 	Quote Vendor Symbols Listing
Strike Price Listing Procedures	$0.05 per gallon (i.e. 1.900, 1.950, 2.000, 2.050, 2.100, etc.) 	$0.05 per gallon (i.e. 1.900, 1.950, 2.000, 2.050, 2.100, etc.)
Exercise Procedure 	In-the-money options auto-exercise at expiration. Options may exercised until 6:00 p.m. CT on any business day the option is traded. 	In-the-money options auto-exercise at expiration. Options may exercised until 6:00 p.m. CT on any business day the option is traded.
Settlement Method 	Deliverable 	Deliverable
Underlying 	Denatured Fuel Ethanol Futures 	Denatured Fuel Ethanol Futures
== Notes ==
== Resources ==
*CME Group Ethanol Contract Specifications
*Ethanol Futures Settlement Procedures
*CBOT Position Limits
*CBOT 16
*Block Minimum Thresholds
*Quote Vendor Symbols Listing
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Category:Ethanol Futures Contracts
Category:Futures Contracts Traded on CME Group
Category:Energy Futures Contracts
Category:Ethanol Options
Category:Options Traded on CME Group
Category:Energy Options
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