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Dated Brent (Platts) Daily Futures Contract Specs

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: A7G
CME ClearPort: 7G
Clearing: 7G
Listed Contracts Daily contracts listed for the current month and the next 2 calendar months. Add daily contracts for a new calendar month following the termination of trading of the last contract day of the current month.
Settlement Method Financially Settled
Floating Price The Floating Price for each Dated Brent (Platts) Daily Swap Futures contract is the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for the Dated Brent assessment for each business day that it is determined during the contract month.
Termination Of Trading Trading terminates at the close of business on the contract day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 714
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing