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Singapore Jet Kerosene (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 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)
Minimum Price Fluctuation 0.001 per barrel = $1.00
Product Code CME Globex: ASD
CME ClearPort: KSD
Clearing: KSD
Listed Contracts Monthly contracts listed for 12 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore Cargoes of Jet Kerosene minus the arithmetic average of the mid-point between the high and low quotations from Platts Crude Oil Marketwire for the Dubai front month price for each business day during the contract month.
Termination Of Trading Trading terminates on the last Singapore business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1223
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing