Trading Unit: 15,000 pounds of orange solids (3 % more or less).
Trading Hours: 10:15 a.m.-2:15 p.m. (New York time).
Ticker Symbol: JO
Trading Months: January, March, May, July, September, November.
Price Quotation: Prices quoted in cents and hundredths of a cent.
Min Price Fluctuation: 5/100 of a cent per pound ($7.50 per contract).
Point Value: $1.50
Trading Limits: Daily Limit: 5 cents ($750 per contract) above or below the previous day's settlement price.
Spot Month Limit: A movable 10 cents ($1500 per contract) above or below the previous limit. Additionally, on and after first notice day of the spot month, the next nearby contract month will also have a movable 10 cent limit above or below the previous limit, Higher limits can take effect under certain market conditions.
Delivery: First Notice Day: First business day of contract month. First Delivery Day: Five business days
Last Notice Day: After first notice day. Five business days prior to last delivery day of the month.
Last Delivery Day: Last business day of the month.
Last Trading Day: Ninth business day prior to last delivery day.
Delivery Points: Exchange licensed warehouses in Florida, New Jersey, Delaware, and California.
Delivery Methods: Drums or tanks at the seller's option.