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LNG Japan/Korea Marker (Platts) Average Price Option Contract Specs

Contract Unit 10,000 MMBtu
Minimum Price Fluctuation 0.005 per MMBtu = $50.00
Price Quotation U.S. dollars and cents per MMBtu.
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)
Product Code CME Globex: JKO
CME ClearPort: JKO
Clearing: JKO
Listed Contracts Monthly contracts listed for the current year and the next 2 calendar years. Add monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
Termination Of Trading Trading terminates on the 15th calendar day of the month prior to the contract month. If this is not a business day, trading terminates on the prior business day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 869
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Financially Settled
Underlying LNG Japan/Korea Marker (Platts) Futures