| WTI-Brent Bullet Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: ABY CME ClearPort: BY Open Outcry: BY |
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| 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 | $0.01 per barrel | ||||
| Floating Price | The Floating Price for each contract month is the NYMEX Light Sweet Crude Oil Futures first nearby contract settlement price minus the Brent Crude Oil (ICE) Futures first nearby contract. | ||||
| Termination of Trading | Trading shall end one business day prior to the termination of the Brent futures contract, i.e., two business days before the fifteenth calendar day prior to the first day of the delivery month, if the fifteenth calendar day is not a holiday or weekend in London. If the fifteenth calendar day is a holiday or weekend in London, trading shall end three business days prior to the last business day preceding the fifteenth calendar day. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | Current year and next 3 calendar years | |||
| CME Globex: | 1 consecutive month | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 693 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||