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Argus Propane (Saudi Aramco) Futures Contract Specs

Contract Unit 1,000 metric tons
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. 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 metric ton = $1.00
Product Code CME Globex: A9N
CME ClearPort: 9N
Clearing: 9N
Listed Contracts Monthly contracts listed for 48 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the final assessment from the Argus Media for Propane (Saudi Arabia) contract price for the contract month.
Termination Of Trading Trading terminate on the last Singapore business day of the month prior to the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 589
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing