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NY ULSD Crack Spread BALMO Swap Futures
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NY ULSD Crack Spread BALMO Swap Futures
Product Symbol UBC
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 BBL
Price Quotation U.S. dollars and cents per BBL
Minimum Fluctuation $0.001 per BBL
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the New York Harbor ULSD Futures first nearby contract month settlement price minus the Light Sweet Crude Oil Futures first nearby contract month settlement price,starting from the selected start date through the end of the contract month.

For purposes of determining the Floating Price, the ULSD price will be converted each day to U.S. dollars and cents per barrel, rounded to the nearest 0.1 cent.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts One month and the following month listed 10 business days prior to the start of the contract month.
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 1174
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.