CME Group » Energy » Gasoil 50 ppm (Platts) Barges FOB R
Energy Products
View an Energy Product
Gasoil 50 ppm (Platts) Barges FOB Rdam BALMO Swap Futures
Settlements | Contract Specifications | Performance Bonds / Margins | Product Calendar | Learn More
 
 
Gasoil 50 ppm (Platts) Barges FOB Rdam BALMO Swap Futures
Product Symbol GFL
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 1,000 metric tons
Price Quotation U.S. dollars and cents per metric ton
Minimum Fluctuation $0.001 per metric ton
Floating Price The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the mid-point between the high and low quotations from the Platts European Marketscan for Gasoil 50ppm under the heading “Barges FOB Rotterdam” starting from the selected start date through the end of the contract month, inclusively.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts One month and the following month listed 10 business days prior to the start of the contract month
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 995
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.