The ELX Futures System provides support for trading Corn, Wheat, Soybean, Soybean Meal and Soybean Oil Futures (“Agriculture Futures”) on both an outright and calendar spread basis.

Agriculture Futures are available for electronic trading throughout the complete trading day without pause or early close.

Agriculture Futures specifications are consistent with industry standards; however ELX Agriculture Futures operate as cash settled contracts and do not result in physical delivery.   ELX Agriculture Futures’ final settlement prices will equal the daily settlement prices determined by the Chicago Board of Trade for the corresponding contract month and commodity on the last trading day as defined in the ELX contract specifications and rules.

Agriculture Futures are quoted follows.

·         Corn, Soybean and Wheat futures are quoted in cents per bushel in increments of ¼ of one cent.

·         Soybean Meal futures are quoted in dollars and cents per short ton in increments of ten cents.

·         Soybean Oil futures are quoted in cents per pound in increments of 1/100^th of a cent.