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Mont Belvieu Normal Butane (OPIS) Futures Contract Specs

Product Symbol CME Globex: AD0
CME ClearPort: D0
Open Outcry: D0
Venue CME Globex, CME ClearPort, 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) Trade is Flow per day.
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 for each contract month is equal to the arithmetic average of the OPIS Mt. Belvieu Butane (non-LDH) for each business day during the contract month.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts Current year and next 4 years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 411
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.