CHICAGO ETHANOL (PLATTS) CALENDAR SPREAD OPTION - THREE MONTH - CONTRACT SPECS

Options
Contract Unit 42,000 gallons
Minimum Price Fluctuation CME Globex: 0.00025 per gallon = $10.50
CME ClearPort: 0.00005 per gallon = $2.10
Price Quotation U.S. dollars and cents per gallon
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)
Product Code CME Globex: CE3
CME ClearPort: CE3
Clearing: CE3
Listed Contracts 3-month spreads listed for 9 consecutive months
Termination Of Trading Trading terminates on the last business day of the month prior to the first leg of the underlying spread.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 420
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Settlement Method Deliverable