|Cleared OTC Calendar Swaps
|Malaysian Crude Palm Oil||Available Now — View Settlements|
Available: Six cleared OTC Fertilizer Swaps on Urea, DAP and UAN. Learn more now.
Cleared OTC agricultural markets allow you to trade off-exchange through your preferred execution venue, negotiate your own prices, and then come to CME ClearPort to access significant risk management and financial benefits including:
Calendar swaps are privately negotiated cleared-only transactions submitted through CME ClearPort. Two parties agree on the specific fixed price component of the swap and the specific calendar month. Depending on the calendar month chosen by the two parties, the daily and final settlement process will be based on the futures contract month closest to (but not before) the negotiated swap month. The variable price component of the cleared-only Calendar Swap will be based on the average daily settlement price of the referenced commodity futures contract during the pre-negotiated month.
Cleared OTC Swaps