Effective Sunday, February 21st, for trade date Monday February 22nd, and pending all relevant regulatory review periods, please be advised that NYMEX will launch Chicago Ethanol (Platts) Calendar Spread Option - One Month, Two Month, Three Month and Six Month Options.
|Contract Unit||42,000 gallons|
|Price Quotation||U.S. dollars and cents per gallon.|
|Trading Hours||CME Globex:||Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)||CME ClearPort:||Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)|
|Minimum Price Fluctuation||$0.0001 per gallon|
|Product Code||CME Globex: CUCME ClearPort: CUClearing: CU|
|Listed Contracts||36 consecutive months|
|Settlement Method||Financially Settled|
|Floating Price||The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts for Chicago Ethanol (terminal) for each business day that it is determined during the contract month.|
|Termination Of Trading||Trading terminates on the last business day of the contract month.|
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 582|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|
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