|ULSD 10ppm CIF MED (Platts) vs. Gasoil BALMO Futures|
|Venue||CME Globex, CME ClearPort and Open Outcry (New York)|
(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 metric tons|
|Price Quotation||U.S. dollars and cents per metric ton|
|Minimum Fluctuation||$0.001 per metric ton|
|Floating Price||(A) The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the mid-point of the high and low quotations from the Platts European Marketscan for ULSD 10ppm under the heading "Cargoes CIF Med Basis Genoa/Lavera" minus the first line ICE Gasoil Futures settlement price for each business day during the contract month (using Non-common pricing), starting from the selected start date through the end of the contract month, inclusive, except as noted in (B) below.
(B) The settlement prices of the 1st nearby contract month will be used except on the last day of trading for the expiring Gasoil Futures contract when the settlement prices of the 2nd nearby Gasoil contract will be used.
|Termination of Trading||Trading ceases on the last business day of the contract month.|
|Listed Contracts||CME Globex:||1 month|
|CME ClearPort and Open Outcry:||2 consecutive months|
|Position Limits||NYMEX Position Limits|
|Exchange Rule||These contracts are listed with, and subject to, the rules and regulations of NYMEX.|