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Gulf Coast No. 2 (Platts) Up-Down Financial Futures Contract Specs

Futures

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. - 5:00 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	$0.0001 per gallon
Product Code	CME Globex: AUT CME ClearPort: UT Clearing: UT
Listed Contracts	3 consecutive years
Settlement Method	Financially Settled
Floating Price	The Floating Price for each contract month is equal to the arithmetic average of the Platts U.S. Gulf No. 2 pipeline mean ("Assessment") minus the NY Harbor ULSD Futures first nearby contract month settlement price for each business day that both are determined during the contract month. The Platts prices to be used are found in Platts media or any accepted Platts product and the timing is end of day New York. For purposes of determining the Floating Price, the Platts U.S. Gulf Coast No. 2 pipeline mean willbe rounded each day to the nearest thousandth of a cent.
Termination Of Trading	Trading shall cease on the last business day of the contract month.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 515
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

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