CME Group » Energy » Mont Belvieu Normal Butane LDH (OPI
Energy Products
View an Energy Product
Mont Belvieu Normal Butane LDH (OPIS) Swap Futures
Settlements | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 
 
Mont Belvieu Normal Butane LDH (OPIS) Swap Futures
Product Symbol MNB
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 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 (LDH) average price 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 consecutive calendar years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 395
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.