Educational Resources For Trading Futures & Options

The following information provides basic contract specifications for cotton futures contracts.  Please feel free to contact us via Phone, Live Chat, or Email for any further inquiries.

The Cotton No. 2 contract is the benchmark for the global cotton trading community.  The contract prices physical delivery of US-grown, exchange-grade product (with grading performed by the US Dept of Ag.), in store in exchange licensed warehouses at any of five US locations.  Participate in global price discovery for cotton.  Identify short and long-term cyclical price and volatility patterns for cotton.  Trade to hedge or speculate based on expectations of directional price, spread movement or volatility in cotton.  There is one contract denomination available for trade:

SYMBOL:

•   CT trades in units of 50,000 pounds

The minimum price fluctuation is 0.01¢ per pound ($5 per contract)

Maximum Daily Price Fluctuation is 3 cents.

Contract Expiration:  Request Free Demo to gain access to our web-based trading platform.  From within the web-based platform you will have access to view complete contract specifications, including First Notice and Last Trading day.

Margin requirements are subject to change, and are required for open futures positions.

The cotton futures contract is available to trade via the ICE (Intercontinental Exchange) trading platform.  Open outcry trading is conducted 7:30AM PT through 11:15AM PT.  Electronic trading is available 11:30PM PT through 12:15PM PT.

Trading example:  If you were to purchase 1 contract of CT at 60.00, and the next day it moves to 60.75, you would have a profit of $375.  Inversely, if it were to move down to 59.25, you would have a loss of $375.

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To make sense of the information provided and learn how to trade futures please read through our futures education.

This information is from sources believed to be reliable, but Expo Futures will not be held responsible for either its accuracy or completeness.  Please note that all times posted are in Pacific Standard Time and are subject to change.

For information on a particular contract not listed, please feel free to contact us.

* Please Note:There is a risk of loss in trading futures.