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Dubai Crude Oil (Platts) Average Price Options Contract Specs

Options
Contract Unit 1,000 barrels
Minimum Price Fluctuation 0.001 per barrel = $1.00
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. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: AAH
CME ClearPort: AH
Clearing: AH
Listed Contracts Monthly contracts listed for the current year and the next 5 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates on the last London and Singapore business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 516
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 Dubai Crude Oil (Platts) Financial Futures