Mini Soybean Futures Contract
This mini size contract is 1/5 the size of the Soybean futures contract. It gives traders an easy, liquid tool to seek to profit from or hedge against price movements for one of the world’s most widely grown crops. Individuals traders, grain elevators, farmers, investors and commercial firms are among those around the world using this fully electronic contract to manage risk, seek rewards and/or diversify portfolios.
Contract Unit
1,000 bushels
Futures Contract
Symbol
CME Globex: XK
Trading Hours
CME Globex: Sunday – Friday 7:00 p.m. – 7:45 a.m. and Monday – Friday 8:30 a.m. – 1:45 p.m. Chicago/Central Time (CT).
Minimum Price
Fluctuation
1/4 of one cent (0.0025) per bushel = $12.50
Contract Months
January, March, May, July, August, September & November
Settlement Method
Deliverable
Price Limit / Circuit
Source: CME Group
The above information was derived from sources believed to be reliable and accurate. It is provided without guarantees and is subject change without notice.
Since 2001, Insignia Futures & Options has been providing commodity futures brokerage services to investors from all over the world.
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