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Mini-Argus Butane (Saudi Aramco) Futures Contract Specs

Contract Unit 100 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 = $0.10
Product Code CME Globex: MAA
CME ClearPort: MAA
Clearing: MAA
Listed Contracts Monthly contracts listed for 12 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the final assessment from Argus Media for Butane (Saudi Aramco) contract price for the contract month.
Termination Of Trading Trading terminates on the last Singapore business day of the month prior to the contract month
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 916
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing