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Dated to Frontline Brent Swap Futures
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Dated to Frontline Brent Swap Futures
Product Symbol FY
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 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 $0.01 per barrel
Floating Price The Floating Price for each contract month is the arithmetic average of the mid-point between the high and low quotations from the Platts Crude Oil Marketwire for Dated Brent minus the Brent Crude Oil (ICE) Futures first nearby contract settlement price for each business day that both are determined during the contract month (using Common pricing), except as set forth in Section (B) below.

(B) The settlement price of the first 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 second nearby Brent contract will be used.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts Current year and next five calendar years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 695
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.