| Gulf Coast ULSD (Platts) Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: ALY CME ClearPort: LY Open Outcry: LY |
||||
| 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 | 42,000 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 Platts U.S. Gulf Coast ULSD (pipeline) mean for each business day that it is determined during the contract month. | ||||
| Termination of Trading | Trading shall cease on the last business day of the contract month. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | Current year plus the next 3 years | |||
| CME Globex: | 12 consecutive months | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 738 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||