Coal (ICI 4) Indonesian Coal Index (Argus/Coalindo) Futures Contract Specs
| Contract Unit | 1,000 Metric Tons | ||||
| Price Quotation | U.S. Dollars and Cents per Metric Ton | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) | ||||
| Minimum Price Fluctuation |
$0.05 per metric ton. The minimum final settlement price fluctuation is $0.01 per metric ton. |
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| Product Code | CME Globex: ICICME ClearPort: ICIClearing: ICI | ||||
| Listed Contracts | Monthly contracts listed for the current year and the next 2 consecutive years.Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month shall be equal to the monthly average price for Indonesian Coal Index 4 (ICI 4) published in the Argus/Coalindo Indonesian Coal Index Report during the contract month (i.e. being the average of weekly prices during the contract month). The ICI 4 is an average of the Argus 4,200 kcal GAR fob Indonesia assessment and the Coalindo contribution for 4200 GAR (3800NAR) |
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| Termination Of Trading | Trading terminates on the last Friday of the contract month. If such Friday is a Singapore holiday, the contract will terminate on the Singapore business day immediately prior to the last Friday of the contract month unless such day is not an Exchange business day, in which case the contract will terminate on the Exchange business day immediately prior. Notwithstanding the above, if New Year's Day is a Friday, the immediately preceding December contract month will terminate on the last business day of the contract month | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1125 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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