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Singapore Fuel Oil Bunker 380 cst (Argus) 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: ABF
CME ClearPort: ABF
Clearing: ABF
Listed Contracts Monthly contracts listed for 12 consecutive months. List a new contract month as the nearby contract expires.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the Fuel Oil Bunker 380 cst Singapore prices published by Argus 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 that is not a Singapore and US holiday.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 750
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing