Powder River Basin Coal (Platts OTC Broker Index) Futures Contract Specs

Contract Unit	1,000 tons
Price Quotation	U.S. Dollars and Cents per ton
Trading Hours	CME Globex:	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)
	CME ClearPort:	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)
Minimum Price Fluctuation	$0.01 per ton
Product Code	CME Globex: QP CME ClearPort: QP Clearing: QP
Listed Contracts	Monthly for 5 consecutive years
Settlement Method	Financially Settled
Floating Price	The Floating Price for each contract month will be equal to the Final Monthly Average for the corresponding month of the Platts OTC Broker Index for the PRB 8,800 OTC published in Platt’s Coal Trader in the table titled "OTC Broker Index" in the first regular issue of the contract month.
Termination Of Trading	Trading terminates on the 25th day of the month prior to the contract month. If the 25th day is not a business day, the contract shall expire on the last business day prior to the 25th.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 262
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

Quick Links

Other Energy Products

Tools

Essentials

Contact Us

Energy@cmegroup.com

Send Us Feedback

Who We Are

CME Group is the world's leading and most diverse 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.