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Mont Belvieu Normal Butane (OPIS) BALMO 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: A8J
CME ClearPort: 8J
Clearing: 8J
Listed Contracts Every day for 2 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the OPIS Mt. Belvieu Normal Butane (non-LDH) price for each business day during the contract month, from the selected start date through the end of the month.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 299
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing