|Contract Unit||1,000 metric tons|
|Minimum Price Fluctuation||0.0001 per metric ton|
|Price Quotation||U.S. dollars and cents per metric ton|
|Trading Hours||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)|
|Product Code||CME Globex: TDTCME ClearPort: TDTClearing: TDT|
|Listed Contracts||Monthly contracts listed for the current year and the next calendar year. Monthly contracts for a new calendar year will be listed following the termination of trading in the December contract of the current year.|
|Termination Of Trading|| For contract months January to November inclusive: Trading terminates on the last business day of the calendar month.
For December contract months: Trading terminates on the 24th calendar day of the month, or if this is not a business day, the first preceding business day.
|Position Limits||NYMEX Position Limits|
|Exchange Rulebook||NYMEX 949|
|Block Minimum||Block Minimum Thresholds|
|Vendor Codes||Quote Vendor Symbols Listing|
|Strike Price Listing Procedures||Strike Price Listing and Exercise Procedures Table|
|Exercise Procedure||On expiration day, a call option will be financially settled to the value obtained by subtracting the strike price from the underlying reference price and multiplying by 1,000 metric tons, or zero, whichever is greater. A put option will be financially settled to the value obtained by subtracting the underlying reference price from the the strike price and multiplying by 1,000 metric tons, or zero, whichever is greater.|
|Settlement Method||Financially Settled|
|Underlying||Freight Route TD3C (Baltic) Futures|