MARS (ARGUS) VS. WTI CALENDAR MONTH AVERAGE PRICE OPTION - CONTRACT SPECS
| Contract Unit | 1,000 Barrels | ||||
| Minimum Price Fluctuation | $0.01 per Barrel | ||||
| Price Quotation | U. S. Dollars and Cents per Barrel | ||||
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET) | ||||
| Product Code | CME Globex: YXOCME ClearPort: YXOClearing: YXO | ||||
| Listed Contracts | Monthly contracts listed for the current year and the next 5 calendar years. Monthly contracts for a new calendar year will be added following the terminatrion of trading in the December contract of the current year. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1228 | ||||
| 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 | Mars (Argus) vs. WTI Financial Futures | ||||
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