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Contract Unit | 42,000 gallons | ||||
Price Quotation | U.S. dollars and cents per gallon | ||||
Trading Hours | CME Globex: | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | CME ClearPort: | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) | |
Minimum Price Fluctuation | $0.00001 per gallon | ||||
Product Code | CME Globex: A1RCME ClearPort: 1RClearing: 1R | ||||
Listed Contracts | Every month for 48 consecutive months | ||||
Settlement Method | Financially Settled | ||||
Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the OPIS Mont Belvieu Propane (non-LDH) price for each business day during the contract month. | ||||
Termination Of Trading | Trading shall cease on the last business day of the contract month. | ||||
Position Limits | NYMEX Position Limits | ||||
Exchange Rulebook | NYMEX 414 | ||||
Block Minimum | Block Minimum Thresholds | ||||
Vendor Codes | Quote Vendor Symbols Listing |
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