|Contract Unit||1,000 U.S. barrels|
|Price Quotation||U.S. dollars and cents per barrel|
|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)||Open Outcry:||Monday - Friday 9:00 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)|
|Minimum Price Fluctuation||$0.01 per barrel|
|Product Code||CME Globex: CFCME ClearPort: CFOpen Outcry: CFClearing: CF|
|Listed Contracts||CME Globex:||1 month|
|CME ClearPort and Open Outcry:||36 consecutive calendar months|
|DEFAULT||36 consecutive calendar months|
|Settlement Method||Financially Settled|
|Floating Price||The Floating Price for each contract month is equal to the arithmetic average of the of the high and low quotations from Argus Media U.S. Gulf Coast ULSD (pipeline) minus the NYMEX Light Sweet Crude Oil Futures first nearby contract month settlement price for each business day that both are determined during the contract month.
For purposes of determining the Floating Price, the U.S. Gulf Coast ULSD pipeline mean will be converted each day to U.S. dollars and cents per barrel, rounded to the nearest cent.
|Termination Of Trading||Trading shall cease on the last business day of the contract month.|
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 571|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|