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

Contract Unit 1,000 tons
Minimum Price Fluctuation 0.01 per ton = $10.00
Price Quotation U.S. dollars and cents per ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: RPF
CME ClearPort: RPF
Clearing: RPF
Listed Contracts Quarterly contracts listed for 4 consecutive years.
Termination Of Trading Trading terminates on the first business day of the month prior to the first month of the underlying strip.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1080
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
Settlement Method Deliverable
Underlying Powder River Basin Coal (Platts OTC Broker Index) Futures