Platts' Singapore Gasoil assessments are changing.  Contract months up to Dec 2017 will be based on 500ppm sulphur; contract months Jan 2018 and onwards will be based on 10ppm sulphur.

    See SER 7820R for details.

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Singapore Gasoil (Platts) Average Price Options Contract Specs

Options
Contract Unit A Singapore Gasoil (Platts) Average Price Call Option represnts the differential between the final settlement price of the underlying Singapore Gasoil (Platts) Swap Futures less the strike price, or zero whichever is greater, multiplied by 1,000 barrels. A Singapore Gasoil (Platts) Average Price Put Option represents the differential between the strike price and the final settlement price of the underlying Singapore Gasoil (Platts) Swap Futures, or zero, whichever is greater, multiplied by 1,000 barrels.
Minimum Price Fluctuation $0.001 per barrel
Price Quotation U.S. dollars and cents per barrel.
Trading Hours 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)
Product Code CME Globex: AM2
CME ClearPort: M2
Clearing: M2
Listed Contracts Monthly contracts listed for the current year and the next 2 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates on the last business day of the underlying calendar month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 496A
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style Average Price – non-early exercisable option
Settlement Method Financially Settled
Underlying Singapore Gasoil (Platts) Futures