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DME Oman Crude Oil BALMO Swap Futures Contract Specs

Product Symbol CME Globex: DOB
CME ClearPort: DOB
Open Outcry: DOB
Venue CME Globex, CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)
CME Globex: 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) Trade is Flow per day.
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 $0.001 per barrel
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.
Listed Contracts Current month and the next two months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 125
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.