EUROBOB GASOLINE 10 PPM BARGES FOB RDAM (PLATTS) BALMO FUTURES - CONTRACT SPECS
| Contract Unit | 1,000 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 = $1.00 | ||||
| Product Code | CME Globex: 7SCME ClearPort: 7SClearing: 7S | ||||
| Listed Contracts | Monthly BALMO contracts listed for 3 consecutive months | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month is equal to the balance-of-month arithmetic average of the mid-point of the high and low quotations from the Platts European Marketscan for Premium Unl Eurobob Gasoline 10ppm under the heading “Rotterdam FOB Barges” from the selected start date through the end of the month. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 719 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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