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Singapore Gasoil 10 ppm (Platts) Futures Contract Specs

Contract Unit 1,000 U.S. barrels
Price Quotation Prices shall be quoted in U.S. dollars and cents per barrel
Trading Hours CME Globex: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (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)
CME ClearPort: Sunday - Friday 6:00 p.m. - 5:15 p.m. New York time/ET (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 a.m. - 2:30 p.m. New York time/ET (8:00 a.m. - 1:30 p.m. Chicago Time/CT)
Minimum Price Fluctuation The minimum price fluctuation shall be $0.001 (0.1¢) per barrel. The minimum final settlement is $0.001 per barrel.
Product Code CME Globex: ATF
CME ClearPort: STF
Open Outcry: STF
Clearing: STF
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: 36 consecutive months
DEFAULT 36 consecutive months
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 Singapore Physical Cargoes of Gasoil 10 ppm Sulfur for each publication day during the contract month.
Termination Of Trading Trading shall cease on the last business day of the contract month.
Settlement Procedures Delivery under the contract shall be by cash settlement. Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 860
Block Minimum Block Minimum Thresholds
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