Gulf Coast HSFO (Platts) Futures Contract Specs

Contract Unit	1,000 barrels
Price Quotation	U.S. dollars and cents per barrel
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	$0.01 per barrel
Product Code	CME Globex: MFB CME ClearPort: MF Clearing: MF
Listed Contracts	Monthly contracts listed for 52 consecutive months.
Settlement Method	Financially Settled
Floating Price	For all contract months prior to January 2017 The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts Oilgram Price Report for Gulf Coast No. 6 3.0%S (Waterborne) Fuel Oil for each business day that it is determined during the contract month. For all contract months commencing with January 2017 and beyond The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts Oilgram Price Report for Gulf Coast HSFO for each business day that it is determined during the contract month.
Termination Of Trading	Trading shall cease on the last business day of the contract month.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 612
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

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