Cotton
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ICE US Cotton No. 2
Trading Screen Product Name
ICE US Cotton No. 2
Commodity Code
CTE
Contract Size
50 000 pounds/ lot
Price Quotation
cent / pound
Trading Hours
Monday - Friday
08:00 A.M - 01:20 A.M (the next day)Minimum Price Fluctuation
0.01 cent / pound
Contract Series
March, May, July, October, and December
Delivery Registration Day
The fifth business day prior to the First Notice Day
First Notice Day
Five business days before the first delivery day of the spot contract month, which is the first business day of that month.
Last Trading Day
Seventeen business days from end of spot month.
Margin
As MXV required
Position Limit
As MXV required
Price Limit
Daily price limit can range from 3 to 7 cents per pound.
Settlement Method
Deliverable
Quality Standards
Standards are detailed below
