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DME Oman Crude Oil BALMO Swap 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: DOB
CME ClearPort: DOB
Clearing: DOB
Listed Contracts Current month and the next two months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the balance-of-month of the DME Oman Crude Oil Futures Contract Settlement Price for the contract month that is the First Nearby Month starting from the selected start date through the end of the contract month, inclusively. The settlement price shall be calculated as of 16:30 (Singapore time) for each Trading Day that such Settlement Price is determined.
Termination Of Trading Trading shall cease at the close of trading on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 125
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing