Hours for trading in Raw Sugar Futures are from 10:45 a.m. to 2:45 p.m. on week days and from 10:15 a.m. to 11:45 a.m. on Saturdays.
Trading Differences
A fluctuation of 1¢ per 100 pounds is equivalent to $11.20 per lot of 50 tons.
Margins
An original margin in New York funds must accompany all orders, we reserving the right to call for variation margins when contract shows depreciation. We also reserve the right to close transactions when margins are exhausted or nearly so without further notice. The amount of this original margin will of necessity fluctuate with conditions existing at the time orders are placed. At the present time in localities that are in position to make prompt remittance for any variation margins required, the margin is $400.
Commissions
For either buying or selling each contract of 50 tons
| Based upon a price | |
| Below 4 cents | $12.50 |
| 4 cents to 9.99 | 15.00 |
| 10 cents to 12.99 | 17.50 |
| 13 cents to 17.99 | 20.00 |
| 18 cents and above | 25.00 |
NOTE: All orders for Raw Sugar Futures shall be in accordance with the By-Laws and Rules of the New York Coffee and Sugar Exchange, Inc. and the New York Coffee and Sugar Clearing Association, Inc.