BRENT CRUDE OIL DAILY OPTION - CONTRACT SPECS

Options
Contract Unit 1,000 barrels
Minimum Price Fluctuation 0.01 per barrel = $10.00
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)
Product Code CME Globex: ODB
CME ClearPort: ODB
Clearing: ODB
Listed Contracts Daily contract listed for 1 day
Termination Of Trading Trading terminates  at the close of the business on the contract day
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 870
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 Financially Settled
Underlying Brent Crude Oil Penultimate Financial Futures