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: MAACME ClearPort: MAAClearing: 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 | ||||
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