Asset Class Navigation

Brent CFD: Dated Brent (Platts) vs. Brent Second Month (Platts) Daily Futures Contract Specs

Product Symbol CME Globex: A6W
CME ClearPort: 6W
Open Outcry: 6W
Venue CME Globex, CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)
CME Globex:  Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m.CT)
CME ClearPort Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (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 $0.001 per barrel
Floating Price The Floating Price for each Brent Contract for Differences (CFD) contract is the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for the CFD assessment which is based on Dated Brent minus the second month Brent (also referred to BFOE) cash price for each business day that both prices are determined during the contract day.
Termination of Trading Trading shall cease at the close of the business day of the daily contract.
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: The current week and next 12 consecutive calander weeks
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 699
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.