• Expiration Rule Revision for the Mini Argus Propane (Saudi Aramco) Futures

      • To
      • Clearing Member Firms; Back Office Managers; Bookkeeping Software Providers; ISVs
      • From
      • CME Clearing
      • #
      • 14-001
      • Notice Date
      • 02 January 2014
      • Effective Date
      • 02 January 2014
    • Beginning with the February 2014 contract, the New York Mercantile Exchange is revising the expiration rule for the Mini Argus Propane (Saudi Aramco) Futures (Clearing/Globex Code MAS), from "the last business day of the contract month" to "the last business day of the month prior to the contract month". The new termination schedule will be the same as the big contract, Argus Propane (Saudi Aramco) Futures (9N), after revision.
       
      In addition, the New York Mercantile Exchange is revising the expiration rule for the Argus Propane (Saudi Aramco) Futures (Clearing/Globex Code 9N), from “the last business day of the month prior to the contract month” to “the last business day of the month prior to the contract month. Business days are based on the Singapore Public Holiday calendar”.
       

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2025 CME Group Inc. All rights reserved.