Products | View All
It’s searchable, sortable, and provides the previous day’s volume and open interest data.
Latest Market Regulation Advisory Notices (MRANs) | View All
Subscription-Based Data
Distributors
Capture. Report. Store
Our Swap Data Repository captures, stores and reports data for cleared, non-cleared and bilateral swaps.
Reports
- Reports
- Settlements
- Volume
- Bulletin
- Registrar
- Weather
Intraday Data
- Intraday Data
- Delayed Quotes
- Block Trades
Featured Video | View All
Managing Risk at CME Group - How it All Works
A great and yet very simple introduction to the vital role CME Group plays in helping people manage their risk on a daily basis....
Latin America
Energy Products
Freight Route TC2 (Baltic) Futures
| Freight Route TC2 (Baltic) Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | TM | ||||
| Venue | CME ClearPort, Open Outcry (New York) | ||||
| Hours (All Times are New York Time/ET) |
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: | 9:00 AM to 2:30 PM (8:00 AM to 1:30 PM CT) | ||||
| Contract Unit | 1,000 metric tons | ||||
| Price Quotation | U.S. Dollars and Cents per metric ton | ||||
| Minimum Fluctuation | $0.0001 per ton | ||||
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the rates for each business day that the TC2 Tanker Route (for 37,000 metric tons for Continent Europe to USAC) is published by the Baltic Exchange over the contract month. If for any reason the Baltic Exchange cannot provide any rate required for establishing the Floating Price, then the Forward Freight Agreement Brokers Association (FFABA) may be instructed by either party to form a panel to establish any rate which will be binding on both parties. | ||||
| Termination of Trading | Trading shall cease on the last business day of the contract month. | ||||
| Listed Contracts | Trading is conducted in 36 consecutive months. | ||||
| Settlement Type | Financial | ||||
| Settlement Procedure | Daily Baltic Freight Swap Futures Settlement Procedure (PDF) | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 683 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||
-
- Idea Exchange is your direct link to the product managers, marketers, and the development teams who create cmegroup.com and will allow you to review functionality, participate in focus groups and provide feedback on upcoming Web initiatives
