ICE Robusta Coffee Futures

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Robusta Coffee Futures
Trading Screen Product Name Robusta Coffee Future
Trading Screen Hub Name ICEU
Contract Symbol RC
Contract Size Ten Tonnes
Price Quotation £ per metric tonne
Contract Series January, March, May, July, September, November, such that ten delivery months are available for trading
Minimum Price Fluctuation $1 per tonne ($10)
Settlement Physical Delivery
Delivery Locations Delivered in an Exchange Nominated Warehouse in Europe or the U.S.A.
Grade/Standards/Quality Class 1 Robusta Coffee deliverable at Contract price. Other qualities deliverable at set premiums and discounts.
Daily Price Limit None
Deliverable Origins Robusta Coffee from any Origin that is freely available for export to any destination
First Notice Day Fourth business day preceding the first business day of the delivery month.
Last Trading Day Fourth business day preceding the last business day of the delivery month at 12:30.
Last Notice Day Fourth business day preceding the last business day of the delivery month.
Delivery Limit Delivery limits for IFEU Softs can be found here.[1]
Markers TAS (Trade at Settlement)[2]
MIC Code IFLX
Clearing Venues ICEU
Trading Hours CITY TRADING PRE-OPEN
NEW YORK 4:00 AM - 12:30 PM

04:00 - 12:30

8:00 PM

20:00

LONDON 9:00 AM - 5:30 PM

09:00 - 17:30

1:00 AM

01:00

SINGAPORE 5:00 PM - 1:30 AM

17:00 - 01:30

9:00 AM

09:00

Codes Clearing Admin Name Robusta
Physical RC
Logical RC
GMI (FC) RC
ION A.C.N.
Robusta Coffee Options
Trading Screen Product Name Robusta Coffee Future
Trading Screen Hub Name ICEU
Contract Symbol RC
Contract Size One Robusta Coffee futures contract
Price Quotation $ per tonne
Contract Series January, March, May, July, September, November such that ten expiry months are available for trading. The first expiry month for this Contract is November 2008.
Minimum Price Fluctuation $1 per tonne ($10)
Exercise American style
Daily Price Limit None
Strike Price Intervals $25 per tonne up to $1,000 $50 per tonne from $1,001 and above
Expiration Date 12:30 on the third Wednesday of the calendar month preceding the expiry month
MIC Code IFLX
Clearing Venues ICEU
Trading Hours CITY TRADING PRE-OPEN
NEW YORK 4:00 AM - 12:30 PM

04:00 - 12:30

LONDON 9:00 AM - 5:30 PM

09:00 - 17:30

SINGAPORE 5:00 PM - 1:30 AM

17:00 - 01:30

Codes Clearing Admin Name Robusta
Physical RC
Logical RC
GMI (FC) RC
ION A.C.N.

Notes

References

  1. IFEU Softs Delivery Limits. {{{org}}}.
  2. TAS. {{{org}}}.

Resources

ICE Robusta Coffee Product Spec