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Conway Physical Propane In-Well (OPIS) Futures
| Conway Physical Propane In-Well (OPIS) Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CPP | ||||
| 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 | 42,000 gallons | ||||
| Price Quotation | U.S. dollars and cents per gallon | ||||
| Minimum Fluctuation | $0.0001 per gallon | ||||
| Termination of Trading | Trading or clearing in a current delivery month shall cease on the second-to-last business day of the delivery month. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | 48 consecutive months | |||
| CME Globex: | 1 month | ||||
| Settlement Type | Physical | ||||
| Delivery, Delivery Period, Grade and Quality Specifications |
Please see rulebook chapter 241 | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 241 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||
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