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Conway Physical Propane In-Well (OPIS) Futures Contract Specs

Contract Unit 42,000 gallons
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)
Minimum Price Fluctuation 0.0001 per gallon = $4.20
Product Code CME Globex: CPP
CME ClearPort: CPP
Clearing: CPP
Listed Contracts Monthly contracts listed for 48 consecutive months
Settlement Method Deliverable
Termination Of Trading Trading terminates the 2nd last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 241
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing