Cocoa (CC) Futures Contract Specifications

What Are Cocoa (CC) Futures?

Cocoa Futures (CC) provide traders with exposure to the global cocoa market. These contracts allow for speculation on cocoa price movements, hedging for chocolate manufacturers and confectioners, or diversification within commodity portfolios.

Contract Size

Contract Size: 10 metric tons

Example: This contract size allows traders to gain exposure to softs with controlled leverage and risk.

Tick Value and Increment

  • Tick Size: $1 per metric ton
  • Tick Value: $10.00 per tick
  • Point Value: $10.00 per point

These specifications make Cocoa (CC) Futures suitable for traders seeking exposure to softs markets.

Trading Hours

Cocoa (CC) Futures trade with extended hours, providing flexibility for traders in different time zones.

  • Trading Hours: Sunday to Friday, 5:45 PM to 1:30 PM the following day
  • Time Zone: Eastern Time (ET)

Trading Symbol

Platform Symbol: CC

Margins

To trade Cocoa (CC) Futures, you'll need to meet specific margin requirements. Check with your broker for the latest margin rates and details.

Why Trade Cocoa (CC) Futures?

  • Exposure to a key ingredient in the confectionery industry
  • Responds to production challenges in West Africa
  • Effective hedging tool for chocolate manufacturers
  • Supply constraints create unique trading opportunities
  • Reflects both economic trends and consumer discretionary spending

Position Sizing for Cocoa (CC) Futures

Proper position sizing is crucial when trading Cocoa (CC) Futures. Use our position size calculator to determine the optimal number of contracts based on your risk tolerance and account size.

Position Size Calculator Example

For Cocoa (CC) Futures (CC):

  • Tick Size: $1 per metric ton
  • Tick Value: $10.00 per tick
  • Point Value: $10.00 per point

If you want to risk $500 with a 10-point stop loss:

Risk per Contract = Stop Loss in Points × Point Value = 10 × 10.00 per point = $100

Maximum Contracts = Risk Amount ÷ Risk per Contract = $500 ÷ $100 = 5 contracts