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Coal (API 8) cfr South China (Argus/McCloskey) Average Price Options Contract Specs

Contract Unit 1,000 metric tons
Minimum Price Fluctuation $0.01 per metric ton.
Price Quotation U.S. dollars and cents per metric ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: A8A
CME ClearPort: A8A
Clearing: A8A
Listed Contracts Monthly contracts listed for the current year and the next 4 calendar years. Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates on the last Friday of the contract month. If such Friday is a UK holiday, trading terminates on the UK business day immediately prior to the last Friday of the contract month unless such day is not an Exchange business day, in which case trading terminates on the Exchange business day immediately prior. Notwithstanding the above, if New Year's Day is a Friday, trading in the immediately preceding December contract month terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1120
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European (Exercise only on Expiration)
Settlement Method Financially Settled
Underlying Coal (API 8) cfr South China (Argus/McCloskey) Futures