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Ethanol T2 FOB Rdam Including Duty (Argus) Futures
| Ethanol T2 FOB Rdam Including Duty (Argus) Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | YE | ||||
| Venue | CME Globex, CME ClearPort and 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) | |||
| 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 | 100 cubic metres | ||||
| Price Quotation | Euros per cubic metre | ||||
| Minimum Fluctuation | €0.001 per cubic metre | ||||
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the bid and ask quotations from Argus Biofuels publication for Ethanol under the heading "Ethanol fob Rotterdam inc duty, €/m3", for each business day that the Floating Price is determined during the contract month. | ||||
| Termination of Trading | Last business day in month. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | Nearst 24 calendar months | |||
| CME Globex: | 1 month | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 210 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||
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