CME Group Frozen Pork Bellies

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CME Group delisted pork belly futures as of July 15, 2011 because volume was too low and volatility too high.[1]


Frozen Pork Bellies futures
Exchange CME Group
Settlement Physically delivered
Contract Size 40,000 pounds of frozen pork bellies, cut and trimmed.
Pricing Unit 1 point = $.0001 per pound = $4.00
Tick Value Regular: 0.00025 = $10.00
Contract Months Five months of February, March, May, July and August.
Last Trading Day Need LTD rules!
Note: This contract is electronic ONLY -- no open outcry
  No Open Outcry Electronic
Trading Hours N/A Mon-Thurs 9:05 a.m.-4:00 p.m. Shutdown period from 4:00 p.m.-5:00 p.m. Friday Close 1:30 p.m. LTD(12:00 p.m.)
Ticker Symbol N/A PB
Price Limits N/A $.020 or $.030 or $.045 per pound, Expandable price limits.
 
Frozen Pork Bellies options
Trade Unit One futures contract
Point Value 1 point = $.0001 per pound = $4.00
Tick Value Regular: 0.00025 = $10.00

Cab: 0.000125 = $5.00

Option Months Five months of Feb, Mar, May, Jul, Aug, and Flex Options.
Strike Prices Need strike price description!
  No Open Outcry Electronic
Trading Hours N/A 9:05 a.m. Monday - 1:30 p.m. Friday with daily shutdown period from 4:00 p.m. - 5:00 p.m. Friday Close 1:30 p.m. LTD Close 1:02 p.m.
Ticker Symbol N/A
  • Clearing Calls/Puts = 56
  • Ticker Calls = KP
  • Ticker Puts = JP
Price Limits N/A N/A

Notes

Resources

CME Group Frozen Pork Bellies Contract Specifications

References

  1. Frozen Pork Bellies Delisting: July 15, 2011. CME Group.