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Cotton Futures

 

Cotton's world-wide appeal and vulnerability to unforeseen natural and man-made events raises the economic stakes for this commodity, attracting market participants from across the globe.

Cotton Futures #2 Contract Specifications

Trading Unit - 50,000 lbs. net weight (approximately 100 bales).

Trading Hours - 9:00 pm to 2:30pm NY time.

Price Quotation - Cents and hundredths of cent per pound

Trading Months - Current month plus one or more of the next twenty-three succeeding months. Active trading months: March, May, July, October, December.

Ticker Symbol - CT

Minimum Fluctuation - 1/100 of a cent (one "point") per pound below 95 cents per pound. 5/100 of a cent (or five "points") per pound at prices of 95 cents per pound on higher. Spreads may always trade and be quoted in one point increments, regardless of price levels.

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