Product Description

Cotton is a fibre that is used in making textiles. Options on cotton futures were introduced in 1984 and have traded in New York on ICE Futures US, allowing for global trading soft commodities. Cotton is a staple in the textiles industry, and therefore it is a preferred contract among commodity trading advisors and hedge funds.


PARAMETERS Trading Specifications per Account Type
PREMIUM ZERO PRO
Spreads as low as 0.29 0.29 0.29
Size of 1 lot 50,000 Lbs 50,000 Lbs 50,000 Lbs
Minimum Contract size, lots 0.01 0.01 0.01
Maximum Contract size, lots 60 60 60
Tick value per 1 lot 5 USD 5 USD 5 USD
Volume limitation n/a n/a n/a
Margin requirement 1.5% 1.5% 1.5%
Minimum Price Increment 0.01 0.01 0.01
Limit and Stop Levels 56.0 56.0 56.0
Negative balance protection Yes Yes Yes
Swap free days allowance 0 0 0