| NY 0.3% Fuel Oil HiPr (Platts) Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: A8N CME ClearPort: 8N Open Outcry: 8N |
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| Venue | CME Globex, CME ClearPort, Open Outcry (New York) | ||||
| Hours (All Times are New York Time/ET) |
CME Globex: | 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) Trade is Flow per day. | |||
| 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) Trade is Flow per day or Flow per month. | ||||
| Open Outcry: | Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. 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 | CME ClearPort and Open Outcry: | 48 consecutive months | |||
| CME Globex: | 6 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. | ||||