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Singapore Jet Kerosene (Platts) vs. Gasoil (Platts) BALMO Futures Contract Specs

Product Symbol CME Globex: AZ0
CME ClearPort: Z0
Open Outcry: Z0
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)
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 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 balance-of-month arithmetic average of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore cargoes of jet kerosene minus the arithmetic average of the high and low quotations for Singapore gasoil for each business day that both are determined during the contract month starting from the selected start date through the end of the month.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts Current month and the next two months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 657
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.