Canola Options250
ICE Futures U.S.
Canola Options
Description
ICE Futures U.S. facilitates trading in Call and Put options on the canola futures contract.
Market Specifications
- Trading Screen Product Name
- Canola Futures
- Trading Screen Hub Name
- ICUS
- Contract Symbol
- RS
- Currency
- Canadian dollars.
- Underlying Contract
- One Canola futures contract.
- Contract Size
- 1 contract = 20 tonnes.
- Contract Series
- Regular Months: January, March, May, July, November.
Serial Months: February, April, June, August, September, October, December.
For a serial option, the underlying futures contract is the next regular futures contract month. - Trade Match Algorithm
- First-in-First-out (FIFO).
- Last Trading Day
- Options Months except January: The last Friday which precedes by at least two Trading Days the last Trading Day immediately preceding the Options Month. January Options Months: The third Friday of December.
- Expiration Date
- Same as Last Trading Day.
- Minimum Price Fluctuation
- $0.10/tonne ($2.00/contract).
- Strike Price Increments
- $5.00/tonne.
- Option Style
- American.
- Exercise Procedure
- All options that are in-the-money.
- MIC Code
- IFUS
- Clearing Venues
- ICUS
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 8:00 PM - 2:20 PM* 20:00 - 14:20 | 7:30 PM 19:30 |
| LONDON | 1:00 AM - 7:20 PM 01:00 - 19:20 | 12:30 AM 00:30 |
| SINGAPORE | 9:00 AM - 3:20 AM* 09:00 - 03:20 | 8:30 AM 08:30 |
*Next Day
Codes
- Clearing Admin Name
- O-Canola US
- Physical
- RS
- Logical
- RS
- GMI (FC)
- RS
- ION A.C.N.
- Symbol Code
- RS