hardballgets, page-4

HB

uranium trading started may 2007 and trades on Ney York mercantile exchange
the following info may help those interested
Uranium Trading Symbol - UX

* Minimum Price Fluctuation - $0.05
* Trading Unit - 250 pounds of U308
* The futures contract will be cash-settled, thus eliminating the need for a delivery point for the radioactive material.
* Price Quotation - in U.S. dollars and cents per pound
* Trading Hours CME and NYMEX electronic trading systems - 6:00 PM Sundays through 5:15 PM Fridays (Eastern Time Zone)
NOTE: a 45-minute break each day between 5:15 PM and 6:00 PM.
* Trading Months - 36 consecutive months
* Settlement - will be based on the spot month-end U3O8 price published by Ux Consulting Company, LLC.

The contract’s final settlement price is based on the UxC index, which for the past 20 years, has provided U3O8, or “yellowcake” pricing.