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Brent 25-Day (Platts) Calendar Swap Futures
| Brent 25-Day (Platts) Calendar Swap Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | BDC | ||||
| Venue | CME ClearPort, Open Outcry (New York) | ||||
| Hours (All Times are New York Time/ET) |
CME ClearPort: | Sunday - Friday 6:00 p.m. - 5:15 p.m ET (5:00 p.m. - 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m ET (4:15 p.m. CT) | |||
| Open Outcry: | Monday – Friday 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT) | ||||
| Contract Unit | 1,000 barrels | ||||
| Price Quotation | U.S. dollars and cents per barrel | ||||
| Minimum Fluctuation | $0.01 per barrel | ||||
| Last Trading Day | Close of trading at the last business day of the contract month. | ||||
| Floating Price | Weighted average of two contract months of NBZ. | ||||
| Listed Contracts | The current year plus the next 6 years. | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 1175 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||
