Contract Unit
|
100 metric tons |
Price Quotation
|
U.S. dollars and cents per metric ton |
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
|
$0.001 per metric ton
|
Product Code
|
CME Globex: FORCME ClearPort: FORClearing: FOR
|
Listed Contracts
|
?Monthly contracts listed for 2 consecutive months.?
|
Settlement Method
|
Financially Settled |
Floating Price
|
The Floating Price for each contract is equal to the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for 3.5% Fuel Oil under the heading "Barges FOB Rotterdam" assessment for each business day that it is determined. |
Termination Of Trading
|
Trading shall cease at the close of the business day of the daily contract.
|
Position Limits
|
NYMEX Position Limits |
Exchange Rulebook
|
NYMEX 237 |
Block Minimum
|
Block Minimum Thresholds |
Vendor Codes
|
Quote Vendor Symbols Listing |