|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)||Open Outcry:||Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)|
|Minimum Price Fluctuation||$0.01 per barrel|
|Product Code||CME Globex: CYCME ClearPort: CYOpen Outcry: CYClearing: CY|
|Listed Contracts||Monthly contracts are listed for the current year and the next 7 consecutive calendar years|
|Settlement Method||Financially Settled|
|Floating Price||(A) The Floating Price for each contract month is equal to the arithmetic average of the Brent Crude Oil (ICE) Futures 1st nearby contract settlement prices, except as set forth in Section (B) below, for each business day that it is determined during the contract month.
(B) The settlement price of the 1st nearby contract month will be used except on the last day of trading for the expiring Brent Crude Oil Futures contract when the settlement price of the 2nd nearby Brent Crude Oil Futures contract will be used.
|Termination Of Trading||Trading shall cease on the last business day of the contract month.|
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 696|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|