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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: QPCME ClearPort: QPClearing: 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 | ||||
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