Articles

Pork Belly Futures

Posted By: TradersLog

Pork Bellies are one of the major cuts of the hog carcass that, when cured, becomes bacon.

Contract Specifications

Exchange: Chicago Mercantile Exchange (CME)

Trade Unit: 40,000 pounds of frozen pork bellies, cut and trimmed.

Point Descriptions: 1 point = $.0001 per pound = $4.00

Contract Listing:Five months of February, March, May, July and August.

Ticker: PB

GLOBEX: GPB

Floor Hours:9:05 a.m. to 1:00 p.m. LTD (12:00 p.m.)

CME Globex Hours: Mon-Thurs 5:00 p.m.-4:00 p.m. Shutdown period from 4:00 p.m.-5:00 p.m. Sun & Hol 5:00 p.m.-4:00 p.m. LTD (12:00 p.m.)

Minimum Fluctuation: Regular0.00025=$10.00

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