Contract Unit
|
100 cubic meters |
Price Quotation
|
Euro and cents per cubic meter |
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) |
Minimum Price Fluctuation
|
0.001 per cubic meter = €0.10
|
Product Code
|
CME Globex: Z1BCME ClearPort: Z1BClearing: Z1B
|
Listed Contracts
|
Monthly BALMO contracts listed for 3 consecutive months
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract month is equal to the Balance of Month arithmetic average of the mid-point of the high and low quotations from Platts Biofuelscan for the “Ethanol T2 FOB Rotterdam (Eur/cu m)” assessment for each business day that it is determined during the contract month. |
Termination Of Trading
|
Trading terminates on the last business day of the contract month
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 192 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |