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Chicago Ethanol (Platts) Futures
| Chicago Ethanol (Platts) Futures | |||||
|---|---|---|---|---|---|
| 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 | Trading is conducted in 36 consecutive 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. | ||||
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