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LNG Japan/Korea Marker (Platts) Futures Contract Specs

Product Symbol JKM
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 10,000
Price Quotation U.S. dollars and cents per MMBtu
Minimum Fluctuation $0.005 per mmBTU
Floating Price Platts JKM Index
Termination of Trading The 15th calendar day of the month prior to the contract month. If this is not a business day, the preceding business day
Listed Contracts 12 consecutive months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 868
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.