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Singapore Gasoil (Platts) Dubai (Platts) Crack Spread Futures Contract Specs

Contract Unit 1,000 barrels
Price Quotation U.S. dollars and cents per barrel
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 barrel
Product Code CME Globex: GDL
CME ClearPort: GDL
Clearing: GDL
Listed Contracts Monthly contracts listed for the current year and the next 2 calendar years.  List 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 mid-point of the high and low quotations of "Gasoil FOB Spore Cargo" by Platts minus the arithmetic average of the mid-point of the high and low quotations of Platts Crude Oil Marketwire for the Dubai front month price, for each business day during the contract month (using Non-common pricing).
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1329
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing