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Mini Singapore FOB Marine Fuel 0.5% (Platts) Futures Contract Specs

Contract Unit 100 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours Sunday - Friday 5:00 p.m. - 4:00 p.m. (6:00 p.m. - 5:00 p.m. ET) with a 60-minute break each day beginning at 4:00 p.m. (5:00 p.m. ET)
Minimum Price Fluctuation 0.001 per metric ton = $0.10 
Product Code CME Globex: S5M
CME ClearPort: S5M
Clearing: S5M
Listed Contracts Monthly contracts listed for the current year and next 3 calendar years. Add monthly contracts for a new calendar year  following the termination of trading in the December contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the $/mt quotations from the Platts Asia-Pacific Marketscan for "Singapore FOB Marine Fuel 0.5%" price for each business day that it is determined during the contract month.
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1408
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing