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Description
Specifications
Margins
Termination Schedule
Resource
 
Trading Unit
20 short tons.
Price Quotation
U.S. dollars and cents per short ton.
Minimum Price Fluctuation
$5.00 per short ton ($100.00 per contract).
Trading Hours (All times are New York time)
Electronic trading is conducted via 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
18 consecutive months.
Last Trading Day
Trading shall cease on the business day immediately preceding the last Wednesday of the contract month.
Settlement
Financial
Trading Symbol
HR
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