Mini Dubai Crude Oil (Platts) BALMO Futures Contract Specs
| Contract Unit | 100 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 = $0.10 | ||||
| Product Code | CME Globex: DBTCME ClearPort: DBTClearing: DBT | ||||
| Listed Contracts | Monthly BALMO contracts listed for 3 consecutive months | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month is the balance-of-month arithmetic average of the mid-point between the high and low quotations from Platts Crude Oil Marketwire for the Dubai front month price starting from the selected start date through the end of the contract month, inclusive. | ||||
| Termination Of Trading | Trading terminates on the last Singapore business day of the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1210 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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