Trade
Unit
110,000
bd. ft. of random lengths 2x4s (8' to 20')
Point Descriptions
1 point =
$.10 per 1,000 bd. ft. = $11 per contract
Contract Listing
Seven months
of January, March, May, July, September, and November.
Strike Price Interval
N/A
Product Code
Clearing=LB
Ticker=LB
Trading
Venue
Floor
Hours
9:00 a.m.-1:05 p.m. LTD(12:05 p.m. If the LTD is on a day that
the market closes early, then the time is 11:05 a.m.)^
Listed
All listed months
Strike
N/A
Limits
$10.00 per thousand board feet above or below the previous day's
settlement price. Expanded limits. See Rule 1702.D
Minimum Fluctuation
Regular 0.10=$11.00
110,000 bd. ft. of random lengths
2x4s (8' to 20')
Point Descriptions
1 point = $.10 per 1,000 bd. ft. = $11 per contract
Contract
Listing
Seven months
of January, March, May, July, September, and November.
Strike Price Interval
N/A
Product Code
Clearing=LB
Ticker=LB
Trading
Venue
Floor
Hours
9:00 a.m.-1:05 p.m. LTD(12:05 p.m.
If the LTD is on a day that the market closes early, then the time is 11:05 a.m.)^
Listed
All listed
months
Strike
N/A
Limits
$10.00 per
thousand board feet above or below the previous day's settlement price. Expanded limits. See Rule 1702.D
Minimum
Fluctuation
Regular 0.10=$11.00
