Liffe sugar
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The tick size for Liffe sugar is $ 0.10 per ton (total contract: $ 5.00). The delivery months are March, May, August, October, December, etc. so that there is always 8 contracts are traded. The last trading day is 16 days before the beginning of the delivery month at 18:30. (If not a trading day shall be the previous trading day.) The standard quality specifications are as follows:
White beet sugar, crystallized cane sugar or refined sugar of the harvest of the delivery month. Regular grain size and fair average quality with minimum polarization 99.8 degrees, maximum moisture content of 0.06% and maximum 45 Icumsa reduction index units.
LIFFE (London International Financial Futures and Options Exchange) is a futures exchange based in London. LIFFE is now part of NYSE Euro Next after the acquisition of Euro Next in 2002 and the acquisition of Euro Next by the NYSE (New York Stock Exchange) in 2007.