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Brent Last Day Financial Weekly Options Contract Specs

Options
Contract Unit 1,000 barrels
Minimum Price Fluctuation $0.01 per barrel
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: BW1,BW2,BW3,BW4,BW5
CME ClearPort: BW1,BW2,BW3,BW4,BW5
Clearing: BW1,BW2,BW3,BW4,BW5
Listed Contracts Four weekly expirations (Friday)
Termination Of Trading Trading terminates on Friday. If the Friday of the listing is a scheduled Exchange holiday, the option shall terminate on the first Business Day immediately preceding the Friday. However, if the first Business Day immediately preceding the Friday is the expiration of a Brent Last Day Financial monthly option, the weekly option shall not be listed for trading
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1007
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style American - no contrary instructions
Settlement Method Deliverable
Underlying Brent Crude Oil Last Day Financial Futures