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Gulf Coast ULSD vs. Gulf Coast Jet Spread (Platts) Swap  Futures
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Gulf Coast ULSD vs. Gulf Coast Jet Spread (Platts) Swap Futures
Code VV
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 U.S. gallons
Price Quotation U.S. dollars and cents per gallon
Minimum Fluctuation $0.0001 per gallon
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the midpoint of the high and low quotations for Platts U.S. Gulf Coast ULSD (pipeline) mean minus the midpoint of the high and low quotations for Platts U.S. Gulf Coast Jet/Kero 54 (pipeline) for each business day that both are determined during the contract month.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts 36 consecutive months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 544
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.