Micro Soybean Oil
-
CBOT Micro Soybean Oil
Trading Screen Product Name
CBOT Soybean Oil
Commodity Code
MZL
Contract Size
6 000 pound / lot
Price Quotation
cent / pound
Trading Hours
Monday - Friday
Session 1: 07:00 A.M - 07:45 P.M
Session 2: 08:30 P.M - 01:20 A.M
(the next day)Minimum Price Fluctuation
0.02 cent /pound
Contract Series
January, March, May, July, August, September, October, and December
Delivery Registration Day
As MXV required First Notice Day
As MXV required Last Trading Day
Friday which precedes, by at least 2 business days, the last business day of the month prior to the contract month. If such Friday is not a business day, then the last day of trading in such option shall be the business day prior to such Friday. Margin
As MXV required
Position Limit
As MXV required
Price Limit
Daily Price Limit
Expanded Price Limit
$0.030/pound
$0.045/pound
Settlement Method
Financially Settled Quality Standards
Crude soybean oil meeting CBOT-approved grades and standards
