COMMODITY CONTRACTS
Code
UCO
Last
X
Volume
X
Change
X
Last Updated:
18 Dec 2023 20:57:49 PM WIB
NANO WTI CRUDE OIL
Asia Commodity Exchange’s Micro Soybean Futures Contract (UZM) is a cash-settled future focusing on the "No. 2 Yellow" Soybeans, characterized by a minimum specific weight of 54 pounds per bushel and a maximum moisture content of 13%.
These criteria are established to ensure the quality and uniformity of the Soybeans underlying the contract, making it a reliable benchmark for market participants. The contract's final settlement price is determined by the published prices of the CBOT Soybean futures contract (ZS).
The global trade of Soybeans operates through various market segments, including spot transactions for immediate delivery, forward contracts for future delivery, and standardized futures contracts for speculative or hedging purposes.
Product Code:
UCO
Contract Unit:
10 Barrels
Minimum Price Fluctuation:
US$0.10 per Barrel = US$1.00
Trading Hours
Sunday - Friday 6:00 a.m. - 5:00 a.m. WIB with a 60-minute break each day beginning at 5:00 p.m. WIB
Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT
Contract Unit
10 Barrels
Trading Hours
Sunday - Friday 6:00 a.m. - 5:00 a.m. WIB with a 60-minute breakeach day beginning at 5:00 p.m. WIB
Sunday - Friday 5:00 p.m. - 4:00 p.m. CT with a 60-minute breakeach day beginning at 4:00 p.m. CT
Minimum Price Fluctuation
US$0.10 per Barrel = US$1.00
Product Code
UCO
Listed Contract
Current & Following 2 Months
Settlement Method
Financially Settled
Vendor Codes
TBA
Trading Termination
The corresponding Crude Oil Futures contract month or 4 business days before the 25th calendar of the month prior to the contract month. If the 25th calendar day is not a business day, trading terminates 5 business days before the 25th calendar day of the month prior to the contract month.
Position Limits
TBA
Settlement Procedures
TBA
Download Contract
Education
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3 Minutes
Commodities trading offers various methods, from direct futures contracts to indirect options like ETFs and mutual funds. Forward contracts fix future prices, helping manage risk, while repurchase agreements provide short-term funding. Indirect trading options include investing in commodity-based ETFs, mutual funds, or shares in related companies, offering diverse exposure and risk levels. Understanding these approaches is key for effective commodity market participation.
Learn more
PT Asia Commodity Marketplace
World Capital Tower,
9th Floor, Unit 15-16,
Lot D, Mega Kuningan,
Jakarta Selatan, 12950,
Indonesia
Asia Commodity Market (ACM) is a registered and licensed by the Indonesian Ministry of Trade and regulated by BAPPEBTI (Badan Pengawas Perdagangan Berjangka Komoditi).
