Brent Crude Oil Futures and Options

Deep liquidity in NYMEX Brent gives traders the opportunity to transact in the world's leading energy marketplace and benefit from capital efficiencies when spreading against global oil benchmarks including NYMEX WTI, HO, and RB.

Key Benefits

  • BZ average daily volume (ADV) exceeded 97,000 contracts through Q1 2017
  • Listed spreads on CME Globex eliminate leg risk for inter-commodity spreads
  • Industry-leading margin efficiency and offsets - save over 80%
  • Brent Calendar Spreads are one tick wide out the curve
  • More than 25 Brent-related futures and options available to meet your hedging needs
  • Our new Brent option (BZO) with futures-style margining had over 50,000 lots at the end of Q1 2017

Start Trading New Brent Crude Oil Options Today

In response to customer demand, CME Group now offers Brent Crude Oil options (BZO) with futures-style margining, which matches the prevailing Brent market convention.

Key Features:

  • Futures-style margined options premium is not paid until exercise or expiration
  • Fee waiver on BZO through the end of 2017
  • American-style monthly option
  • Exercises into BZ futures
  • 25 lot block threshold

Additional Information

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