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NY 0.3% Fuel Oil HiPr (Platts) Swap Futures
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NY 0.3% Fuel Oil HiPr (Platts) Swap Futures
Product Symbol 8N
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 to 2:30 PM (8:00 AM to 1:30 PM CT)
Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
Minimum Fluctuation $0.001 per barrel
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 Platts Oilgram Price Report for New York No. 6 0.3%SNOHiPr Fuel Oil (Waterborne Cargo) 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 48 consecutive months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 464
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.