The impact of proprietary–public information on pork futures

✍ Scribed by Mann, Thomas L.; Dowen, Richard J.

• Publisher: John Wiley and Sons
• Year: 1997
• Tongue: English
• Weight: 176 KB
• Volume: 17
• Category: Article
• ISSN: 0270-7314
• DOI: 10.1002/(sici)1096-9934(199706)17:4<417::aid-fut3>3.0.co;2-k

✦ Synopsis

Chicago Mercantile Exchange rules permit prices to change during a day's trading session from the previous day's close only by a given amount. For live futures, this change is 1 1/2 cents per pound and for pork belly futures it is 2 cents per pound.