Contract Unit
|
1,000 barrels |
Price Quotation
|
U.S. dollars and cents per barrel |
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) |
Minimum Price Fluctuation
|
0.001 per barrel = $1.00
|
Product Code
|
CME Globex: A59CME ClearPort: 59Clearing: 59
|
Listed Contracts
|
Daily contracts listed for 13 consecutive weeks
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each Brent Contract for Differences (CFD) contract is the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for the CFD assessment which is based on Dated Brent minus the third month Brent (also referred to BFOE) cash price for each business day that both prices are determined during the contract month. |
Termination Of Trading
|
Trading terminates at the close of trading on the contract day.
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 316 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |