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  Soybean Oil Futures  
Contract Size
60,000 pounds (lbs)
Tick Size
1/100 of a cent per pound ($6.00 per contract)
Price Quote
Cents per pound
Contract Months
January(F), March (H), May (K), July (N), August(Q), September (U), October(V) & December (Z)
 
Allowable contract months listed out 1 year.
Last Trading Day
The second business day prior to the first business day of the contract month.
Delivery Method
Cash Settled
Final Settlement
The final settlement price for ELX Soybean Oil Futures will be equal to the settlement price determined by the Chicago Board of Trade for the corresponding contract month of its Soybean Oil Futures on Last Trading Day for ELX Soybean Oil Futures.
Position Limit
Spot:                     540
Single Month:     8,000
All Month:           8,000
Reportable Level
200
Price Limit
$0.025 per pound expandable to $0.035 and then to $0.055 when the market is limit bid or limit offer at the end of the Settlement Period. There shall be no price limits on the current month contract on the Last Trading Day.
Ticker Symbols
ZLe
Trading Hours
Pre-Open 5:45pm ET, Regular Session Open 6:00pm ET, Close 5:00pm ET Sunday- Friday
No Bust Range
.80 cents per pound