Contract Unit |
On the expiration of a call option, the option will be financially settled by subtracting the strike price from the underlying settlement price of the European Gasoil Crack Spread Futures times 1,000 barrels, or zero, whichever is greater. On the expiration of a put option, the option will be financially settled by subtracting the underlying settlement price of the European Gasoil Crack Spread Futures from the strike price times 1,000 barrels, or zero, whichever is greater. |
Minimum Price Fluctuation |
$0.001 per barrel |
Price Quotation |
U.S. dollars and cents per barrel. |
Trading Hours |
Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
Product Code |
CME Globex: A3UCME ClearPort: 3UClearing: 3U |
Listed Contracts |
Monthly contracts listed for the current year and the next 6 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
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Termination Of Trading |
Trading terminates on the last business day of the underlying calendar month.
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Position Limits |
NYMEX Position Limits |
Exchange Rulebook |
NYMEX 710A |
Block Minimum |
Block Minimum Thresholds |
Vendor Codes |
Quote Vendor Symbols Listing |
Strike Price Listing Procedures |
Strike Price Listing and Exercise Procedures Table |
Exercise Style |
Average Price – non-early exercisable option |
Settlement Method |
Financially Settled |
Underlying |
European Low Sulphur Gasoil Brent Crack Spread Futures |