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Mini Dated Brent (Platts) Financial Futures Contract Specs

Contract Unit 100 barrels
Price Quotation USD 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 $0.01per barrel
Product Code CME Globex: MDB
CME ClearPort: MDB
Clearing: MDB
Listed Contracts Current year and the next 3 consecutive years
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is the arithmetic average of the mid-point between the high and low quotations from Platts Crude Oil Marketwire for Brent (Dated) for each business day that it is determined during the contract month.
Termination Of Trading Last business day of the contract month
Settlement Procedures Financial
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 993
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing