European Naphtha Cargoes CIF NWE (Platts) Average Price Option Contract Specs
| Contract Unit | 1,000 metric tons | ||||
| Minimum Price Fluctuation | 0.001 per metric ton = $1.00 | ||||
| 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) | ||||
| Product Code | CME Globex: NWECME ClearPort: NWEClearing: NWE | ||||
| Listed Contracts | Monthly contracts listed for 12 consecutive months | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1213 | ||||
| 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 Naphtha Cargoes CIF NWE (Platts) Futures | ||||
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