Contract Name
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Singapore Fuel Oil 180 cst (Platts) Mini Weekly Spread Futures
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Commodity Code
|
SDM
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Chapter
|
470
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Settlement Type
|
Financial
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Contract Size
|
100 metric tons
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Termination of Trading
|
The last business day of the contract’s reference month
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Minimum Price Fluctuation
|
$0.001 per metric ton
|
Final Settlement Price Tick
|
$0.001 per metric ton
|
Floating Price
|
The Floating Price for each contract week is equal to the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific/Arab Gulf Marketscan for Singapore 180 cst HSFO under the heading “FOB Singapore” for each business day during the contract’s reference week minus the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific/Arab Gulf Marketscan for Singapore 180 cst HSFO under the heading “FOB Singapore” for each business day during the contract’s reference month.
The contract’s reference month shall be the calendar month following the calendar month containing the Monday of the contract’s reference week.
|
First Listed Week
|
Week Commencing 2 September 2013
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Listing Convention
|
Open Outcry and CME ClearPort: Weekly contracts for the nearest twelve calendar months
|
CME Globex: Weekly contracts for the nearest three calendar months
|
|
Trading Hours
(All Times are New York Time/ET)
|
Open Outcry: Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. Chicago Time/CT)
|
CME Globex and CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT).
|
Contract Name
|
Singapore Fuel Oil 380 cst (Platts) Mini Weekly Spread Futures
|
Commodity Code
|
SMW
|
Chapter
|
839
|
Settlement Type
|
Financial
|
Contract Size
|
100 metric tons
|
Termination of Trading
|
The last business day of the contract’s reference month
|
Minimum Price Fluctuation
|
$0.001 per metric ton
|
Final Settlement Price Tick
|
$0.001 per metric ton
|
Floating Price
|
The Floating Price for each contract week is equal to the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific/Arab Gulf Marketscan for Singapore 380 cst HSFO under the heading “FOB Singapore” for each business day during the contract’s reference week minus the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific/Arab Gulf Marketscan for Singapore 380 cst HSFO under the heading “FOB Singapore” for each business day during the contract’s reference month.
The contract’s reference month shall be the calendar month following the calendar month containing the Monday of the contract’s reference week.
|
First Listed Week
|
Week Commencing 2 September 2013
|
Listing Convention
|
Open Outcry and CME ClearPort: Weekly contracts for the nearest twelve calendar months
|
CME Globex: Weekly contracts for the nearest three calendar months
|
|
Trading Hours
(All Times are New York Time/ET)
|
Open Outcry: Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. Chicago Time/CT)
|
CME Globex and CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT).
|
Exchange Fees
|
||||||||||
|
Member Day
|
Member
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Cross Division
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Non-Member
|
IIP
|
|||||
Pit
|
n/a
|
$0.85
|
$1.05
|
$1.25
|
|
|||||
Globex
|
$0.85
|
$0.85
|
$1.05
|
$1.25
|
$1.05
|
|||||
ClearPort
|
$0.85
|
|
$1.25
|
|
||||||
Other Processing Fees
|
||||||||||
|
Member
|
Non-Member
|
||||||||
Cash Settlement
|
$0.85
|
$1.25
|
|
|||||||
Futures from E/A
|
n/a
|
n/a
|
|
|||||||
|
House Acct
|
Customer Acct
|
|
|||||||
Options E/A Notice
|
n/a
|
n/a
|
|
|||||||
Delivery Notice
|
n/a
|
n/a
|
|
Additional Fees and Surcharges
|
|
||||
EFS Surcharge
|
$0.00
|
|
|||
Block Surcharge
|
$0.00
|
|
|||
Facilitation Desk Fee
|
$0.20
|
|