Jet Aviation Fuel Cargoes FOB MED (Platts) Futures Contract Specs

Futures

Contract Unit	1,000 metric tons
Price Quotation	U.S. dollars and cents per metric ton
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
	CME ClearPort:	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation	$0.001 per metric ton
Product Code	CME Globex: 1T CME ClearPort: 1T Clearing: 1T
Listed Contracts	36 consecutive months
Settlement Method	Financially Settled
Floating Price	The Floating Price for each contract month is equal to the arithmetic average of the mid-point between the high and low quotations from the Platts European Marketscan for Jet Aviation Fuel under the heading "Cargoes FOB Med Basis Italy" 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.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 416
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

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