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European Gasoil Bullet Futures Contract Specs

    Please note that effective the January 2015 contract month, the floating price reference for this contract will be the ICE Low Sulphur Gasoil Futures 1st nearby contract settlement. For further details click here

Product Symbol CME Globex: BG
CME ClearPort: BG
Open Outcry: BG
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) Trade is Flow per day or Flow per month.
Open Outcry: Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. CT)
Contract Unit 1,000 metric tons
Price Quotation U.S. dollars and cents per metric ton
Minimum Fluctuation $0.01 per metric ton
Floating Price The Floating Price is equal to the European ICE Gasoil Futures 1st nearby contract settlement price on the penultimate trading day for contract months up to and including December 2014.

The Floating Price is equal to the European ICE Low Sulphur Gasoil Futures 1st nearby contract settlement price on the penultimate trading day for contract months from the January 2015 contract and beyond.
Termination of Trading Trading shall cease one business day prior to the termination of the ICE Gasoil Futures contract.
Listed Contracts Monthly contracts shall be listed for the current year plus 1 year.
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 561
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.