Asset Class Navigation

Brent Crude Oil Last Day Financial Calendar Spread (3 Month) Options Contract Specs

Options
Contract Unit 1,000 barrels
Minimum Price Fluctuation 0.01 per barrel = $10.00
Price Quotation U.S. dollars and cents per barrel
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: 9D
CME ClearPort: 9D
Clearing: 9D
Listed Contracts 3-Month spreads listed for 12 consecutive months
Termination Of Trading Trading terminates on the last business day of the month prior to the termination of trading in the first leg of the underlying spread.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 398
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Financially Settled
Underlying Brent Last Day Financial Futures