Mercantile Exchange
Of VietNam

Micro Wheat


  • CBOT Micro Wheat

    Trading Screen Product Name

    CBOT Chicago SRW Wheat

    Commodity Code

    MZW

    Contract Size

    500 bushels/lot 

    Price Quotation

    cent / bushel

    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

    0.5 cent / bushel

    Contract Series

    March, May, July, September, 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

    $0.50/bushel

    $0.75/bushel

    Settlement Method

    Financially Settled

    Quality Standards

    No. 1, No. 2  Wheat