Asset Class Navigation

Handysize Timecharter Average (Baltic) Futures Contract Specs

Contract Unit 1 Day of vessel time charter
Price Quotation US Dollars per day
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (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. New York time/ET (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)
Minimum Price Fluctuation US$1 per day
Product Code CME Globex: HFT
CME ClearPort: HFT
Clearing: HFT
Listed Contracts Current year + next 4 years
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the Handysize Time Charter Average published daily by the Baltic Exchange starting from the first business day of the month through to the Last Trading Day, inclusive.
Termination Of Trading Last UK business day in month, except December months where LTD is 24 December or preceding UK business day if 24th is not a business day
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 943
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing