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Chicago Ethanol (Platts) Futures Contract Specs

Product Symbol CU
Venue CME Globex, CME ClearPort, Open Outcry (New York)
Hours
(All Times are listed in Central Time)
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)
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 a.m. - 2:30 p.m. (8:00 a.m. - 1:30 p.m. CT)
Contract Size 42,000 gallons
Price Quotation U.S. dollars and cents per gallon.
Minimum Fluctuation $0.0001 per gallon
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. 
Listed Contracts CME Globex: Every month for 36 consecutive months
CME ClearPort and Open Outcry: 18 months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 582
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.