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Daily Mont Belvieu Normal Butane (Non-LDH) (OPIS) Futures Contract Specs

Product Symbol C4D
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 0.00001 per gallon
Floating Price The Floating Price is the daily arithmetic average of the OPIS Mt. Belvieu Normal Butane (Non-LDH) price assessment.
Termination of Trading Trading shall cease at the close of the business day of the daily contract.
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: Every day for 2 consecutive months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 137
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.