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ICE Gasoil BALMO Swap Futures
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ICE Gasoil BALMO Swap Futures
Product Symbol U9
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 – 2:30 PM. (8:00 AM – 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 (A) The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the ICE Gasoil first nearby contract month settlement price starting from the selected start date through the end of the contract month, inclusive, except as noted in (B) below. (B) The settlement prices of the 1st nearby contract month will be used except on the last day of trading for the expiring Gasoil Futures contracts when the settlement prices of the 2nd nearby contracts will be used.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts One month and the following month for 10 business days prior to the start of the contract month.
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 482
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.