Asset Class Navigation

Japan C&F Naphtha (Platts) Average Price Option Contract Specs

Options
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: JA5
CME ClearPort: JA5
Clearing: JA5
Listed Contracts Monthly contracts listed for 24 consecutive months
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1246
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 Japan C&F Naphtha (Platts) Futures