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European Low Sulphur Gasoil Calendar (12 month) Spread Option Contract Specs

Contract Unit 100 Metric Tons
Minimum Price Fluctuation $0.01 per metric ton
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. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Product Code CME Globex: GXZ
CME ClearPort: GXZ
Clearing: GXZ
Listed Contracts 12-Month spreads listed for 13 consecutive months and the next 2 March, 2 June, 2 September and 2 December spreads. List a new 12-Month spread after the nearby expiry.
Termination Of Trading Trading terminates on the business day immediately preceding the expiration of the first expiring futures contract in the spread.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 552
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing
Strike Price Listing Procedures Strike Price Listing and Exercise Procedures Table
Exercise Style European
Settlement Method Financially Settled
Underlying European Low Sulphur Gasoil (100mt) Bullet Futures