Canadian Light Sweet Oil (Net Energy) Index Futures Contract Specs

Futures

Contract Unit	1,000 barrels
Price Quotation	U.S. dollars and cents per barrel
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	$0.001 per barrel
Product Code	CME Globex: CIL CME ClearPort: CIL Clearing: CIL
Listed Contracts	Current plus 4 years
Settlement Method	Financially Settled
Floating Price	The Index Price for each contract month is equal to the simple arithmetic average of the Net Energy Canadian Daily Index (CDI) for Edmonton Sweet Oil during the index pricing period for the contract month. The index pricing period shall extend from the first Canadian business day of the month through the last Canadian business day prior to Notice of Shipments (NOS) date on the Enbridge Pipeline. The Index is expressed as a differential versus the Calendar Month Average (CMA) of the NYMEX Light Sweet Crude Oil futures settlement price.
Termination Of Trading	Trading shall cease one Canadian business day prior to the Notice of Shipments (NOS) date on the Enbridge Pipeline. The NOS date occurs on or about the 20th calendar day of the month, subject to confirmation by Enbridge Pipeline. The official schedule for the NOS dates will be made publicly available by Enbridge.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 1211
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

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