Basic Trading Unit: 20 tons (2,000 lbs./ton)
Deliverable Grade: Cash settled based on settlement process for CBOT's expiring soybean meal futures contract.
Price Quotation: Cent per bushel
Min. Fluctuation: 10 cent per ton ($2.00 per contract)
Daily Price Limit: $10 per ton ($200 per contract) above or below the previous day's settlement price
Contract Months: January, March, May, July, August, September, December.
Trading Hours: 8:30 a.m. to 1:45 p.m. (Chicago time)
Last Trading Day: Twelfth business day preceding the last business day of the month
Last Delivery Day: Cash settlement
Ticker Symbol: XE
Date Trading Began: March 36, 1985