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COTTON

  • Contract specification
  • Measurement standards
  • Expire
Trading Screen Product Name ICE US Cotton No. 2
Commodity Code CTE
Contract Size 50 000 pounds/ lot
Price Quotation cent / pound
Trading Hours Monday – Friday
08:00 A.M – 01:20 A.M (the next day)
Minimum Price Fluctuation 0.01 cent / pound
Contract Series March, May, July, October, and December
Delivery Registration Day The fifth business day prior to the First Notice Day
First Notice Day Five business days before the first delivery day of the spot contract month, which is the first business day of that month.
Last Trading Day Seventeen business days from end of spot month.
Margin As MXV required
Position Limit As MXV required
Price Limit Daily price limit can range from 3 to 7 cents per pound.
Settlement Method Deliverable
Quality Standards Standards are detailed below