Mini Singapore Fuel Oil 380 cst (Platts) Futures Contract Specs

Futures

Contract Unit	100 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: MTS CME ClearPort: MTS Clearing: MTS
Listed Contracts	Monthly contracts shall be listed for the current calendar year plus a further 5 consecutive calendar years. An additional 12 monthly contracts shall be added on the 1st business day of January each year.
Settlement Method	Financially Settled
Floating Price	The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific Marketscan for HSFO 380cst (High-Sulfur Fuel Oil) under the heading "Singapore Physical Cargoes" 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 1051
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

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