This sweet commodity has been the underlying product for a futures contract in New York for nearly a century. Part of the softs sector (which traded on the Coffee, Sugar and Cocoa Exchange), the Sugar #11 futures contract to which the following specifications will refer now finds its home on ICE Futures U.S.
Contract Size:112,000 pounds
Price Quote & Tick Size: Cents and hundredths of a cent per pound; minimum fluctuation is 1/100th ($.0001) of a cent per pound or $11.20 per contract.
Contract Months: March, May, July and October
Trading Specs: Futures trade electronically on the InterContinental Exchange 3:30 am – 2:00 pm ET. Options trade on the floor 8:10 am – 1:30 pm ET.
Daily Price Limit: Currently none, but you should always consult the exchange.
Trading Symbols: SB