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Daily Mont Belvieu LDH Propane (OPIS) 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)
Minimum Price Fluctuation $0.00001 per gallon
Product Code CME Globex: C3D
CME ClearPort: C3D
Clearing: C3D
Listed Contracts CME Globex: 1 month
CME ClearPort: Every day for 2 consecutive months
DEFAULT Every day for 2 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price is the daily arithmetic average of the OPIS Mt. Belvieu Propane (LDH) price assessment.
Termination Of Trading Trading shall cease at the close of the business day of the daily contract.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 136
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing