Asset Class Navigation

Gulf Coast Jet (Platts) Up-Down BALMO Futures Contract Specs

Contract Unit 42,000 U.S. gallons
Price Quotation U.S. dollars and cents per gallon
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)
Minimum Price Fluctuation $0.0001 per gallon
Product Code CME Globex: A1M
CME ClearPort: 1M
Clearing: 1M
Listed Contracts One month + the following month for 10 business days prior to the start of the contract month
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the Platts U.S. Gulf Coast Jet/Kero 54 pipeline mean minus the NY Harbor ULSD Futures first nearby contract month settlement price for each business day that both prices are determined during the contract month, starting from the selected start date through the end of 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 339
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing