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Mont Belvieu LDH Iso-Butane (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: MBL
CME ClearPort: MBL
Clearing: MBL
Listed Contracts Current year and next 3 years
Settlement Method Financially Settled
Floating Price The Floating Price for the contract month shall be the arithmetic average of the OPIS any-month assessment for Mont Belvieu Louis Dreyfus Highbridge (LDH) Iso-Butane for each trading day of the contract month.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1188
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing