|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. 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: AJ9CME ClearPort: J9Clearing: J9|
|Listed Contracts||Monthly BALMO contracts listed for 3 consecutive months|
|Settlement Method||Financially Settled|
|Floating Price||(A) The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the ICE Brent Crude Oil Futures 1st nearby contract settlement prices, except as set forth in Section (B) below, starting from the selected start date through the end of the contract month, inclusive.
(B) The settlement price of the 1st nearby contract month will be used except on the last day of trading for the expiring Brent Crude Oil Futures contract when the settlement price of the 2nd nearby Brent Crude Oil Futures contract will be used.
|Termination Of Trading||Trading terminates on the last business day of the contract month.|
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 481|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|