Asset Class Navigation

Conway Normal Butane (OPIS) BALMO Futures Contract Specs

Contract Unit 42,000 gallons
Price Quotation U.S. dollars and cents per gallon
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)
Open Outcry: Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
Minimum Price Fluctuation $0.00001 per gallon
Product Code CME Globex: CBB
CME ClearPort: CBB
Open Outcry: CBB
Clearing: CBB
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: Every day for 2 consecutive months
Default Every day for 2 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the OPIS Conway Normal Butane (in-well) starting from the selected start date through the end of the contract month, inclusively.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 135
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing