Description

ICE Futures U.S. Coffee "C"® is the benchmark contract forArabica coffee. As it is the world's leading coffee contract, the coffee industry looks to the Coffee "C" contract each day to price Arabica. The Coffee "C" futures and options contract trades the equivalent of 7 times the world's coffee production annually.

Weekly Coffee options launch February 6. View weekly options contract specifications here.View Weekly Options FAQ here.

Market Specifications

Trading Screen Product Name

Coffee "C" Futures

Trading Screen Hub Name

NYCC

Contract Symbol

KC

Contract Size

One Coffee C futures contract (37,500 pounds)

Price Quotation

Cents and hundredths of a cent up to two decimal places

Contract Series

Regular Options: March, May, July, September and December

Serial Options: January,Febuary, April, June, August, October and November. For a serial option, the underlying future is the next Regular futures contract month

Minimum Price Fluctuation

1/100 cent/lb, equivalent to $3.75 per contract

Exercise

American style

Daily Price Limit

None

Strike Price Intervals

Strike increment is $0.025 cents per pound.

First Trading Day (Regular Options)

Business day following the day on which the underlying futures trade is listed.

First Trading Day (Serial Options)

First business day of the third calendar month preceding the serial option month.

Last Trading Day

Second Friday of the calendar month preceding such regular or serial option month; provided, however, that for each option, there will be a minimum of four trading days between the last trading day of the expiring option and the first notice day of the expiring future .

Expiration Date

17:00 Eastern time on the last trading day. Automatic exercise at one tick or more in-the-money at expiration on last trading day.

Position Limit

"Position Limit and Position Accountability information for all IFUS products can be found here.

MIC Code

IFUS

Clearing Venues

ICUS

Related Products

• Cocoa Futures
• London Cocoa Futures
• Robusta Coffee Futures
• Sugar No. 11 Futures
• White Sugar Futures

Trading Hours

Codes