-
Trading
Product Groups
Getting Started
-
-
- Active Trader Daily market data and insight for the Individual Active Trader
-
-
-
- QuikStrike Tools Build and refine trading strategies with free analytics tools.
-
Keep track of products you’re interested in, view trading data and access all your contracts in a single location.
-
-
Clearing
-
-
Margin Services
- Try our new interactive margin calculator and evaluate initial margin requirements
-
-
Data
Intraday Data
Services
Subscription Based Data
-
-
- MDP (Streaming) Access our market data directly via our Market Data Platform
-
-
-
- E-Quotes Offering charting, analytics, real-time quotes and news on our products
-
-
-
- CME DataMine (Historical) Comprehensive historical price information available on select CME Group contracts
-
-
-
Technology
-
Education
Learn why traders use futures, how to trade futures, and what steps you should take to get started.
Gulf Coast Jet (Platts) Up-Down Futures Contract Specs
| Contract Unit | 42,000 U.S. 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 | $0.0001 per gallon | ||||
| Product Code | CME Globex: MECME ClearPort: MEClearing: ME | ||||
| Listed Contracts | 4 consecutive years | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the mid-point between the high and low quotations from Platts Oilgram Price Report for U.S. Gulf Jet 54 Fuel pipeline minus the NY Harbor ULSD Futures first nearby contract month settlement price for each business day that both are determined during the contract month. For purposes of determining the Floating Price, the Platts U.S. Gulf Coast Jet 54 Fuel pipeline mean will be rounded each day to the nearest thousandth of a cent. | ||||
| Termination Of Trading | Trading shall cease on the last business day of the contract month. | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 608 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
Quick Links
Other Energy Products
Tools
- Interactive Expiration Calendar
- Open Interest Tool
- CFTC Traders Tool
- QuikStrike Pricing and Analysis
Related
Essentials
Contact Us
CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.
Contact Us
View AllCME Group / Chicago HQ
Phone: +1 312 930 1000
Toll Free (US Only): +1 866 716 7274
