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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 CME ClearPort and Open Outcry: 12 consecutive months
CME Globex: 1 month
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.