The sugar contract specifications tell you how the sugar options trade, not how to trade
sugar options. Before you consider opening a commodity options account you should consult with a licensed commodities broker.
Sugar Options Trading Unit 112,000 pounds. Price Quotation U.S. dollars and cents per pound.
Minimum Price Fluctuations The minimum price increment shall be one hundredth of a cent ($.0001)
per pound.
Trading Hours (all times are New York
time) The contracts are available for trading on the CME Globex® trading
platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00
PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange
of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and
the day preceding a holiday.
Trading Months A March, May, July and October cycle for 24 Months. Termination of Trading Trading ceases at the close of business immediately preceding the first notice day on the New York Board of
Trade. Settlement Financial
Margin
Requirements Margins are required for open futures positions.
Trading Symbol SB
Sugar Options Specifications
Click on the link above to download a printable .pdf reference sheet entitled “ICE Futures US Sugar No.11 Options”
which contains the current sugar options contract specifications.
Click here to contact a licensed commodities broker with experience
in the sugar market.
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