Asset Class Navigation

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

Contract Unit 1,000 barrels
Price Quotation U.S. Dollars and Cents per barrel
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/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. (4:15 p.m. CT)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/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. (4:15 p.m. CT)
Minimum Price Fluctuation $0.001 per barrel
Product Code CME Globex: A6W
CME ClearPort: 6W
Clearing: 6W
Listed Contracts CME Globex: 1 month
CME ClearPort: The current week and next 12 consecutive calander weeks
DEFAULT The current week and next 12 consecutive calander weeks
Settlement Method Financially Settled
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.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 699
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing