Cotton Future Trade

Trading Unit

50,000 pounds.

Price Quotation

U.S. dollars and cents per pound.

Minimum Price Fluctuations

The minimum price increment shall be one hundredth of a cent ($.0001) per pound.

Trading Hours (all times are New York time)

The contracts are available for trading on the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, Eastern Time, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.

Trading Months

A March, May, July, October, and December cycle for the next 24 months.

Termination of Trading

Trading ceases at the close of business immediately preceding the first notice day on the New York Board of Trade.

Settlement

Financial

Margin Requirements

Margins are required for open futures positions.

Trading Symbol

TT