USD MALAYSIAN CRUDE PALM OIL DAY 15TH BULLET FUTURES - CONTRACT SPECS

Contract Unit 25 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours CME Globex: Monday – Friday, 8:30 a.m. – 1:20 p.m. CT
CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. – 6:00 p.m. CT
Minimum Price Fluctuation 0.25 per metric ton = $6.25
Product Code CME Globex: CPV
CME ClearPort: CPV
Clearing: CPV
Listed Contracts Monthly contracts listed for 60 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the BMD Crude Palm Oil Futures (FCPO) 3rd forward month’s settlement price converted to USD using the Kuala Lumpur USD/MYR Reference Rate on the 15th calendar day of the contract month. If such date is not a BMD business day, the BMD Crude Palm Oil Futures (FCPO) 3rd forward month’s settlement price on the preceding BMD business day will apply.
Termination Of Trading Trading terminates on the 15th calendar day of the contract month. If the 15th is not a Bursa Malaysia Derivatives (BMD) business day, then the preceding BMD business day will apply.
Position Limits CME Position Limits 
Exchange Rulebook CME 204F
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing