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: RKA
CME ClearPort: RK
Clearing: RK
Listed Contracts Monthly contracts listed for the current year and the next 2 calendar years. List monthly contracts fro 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 high and low quotations from the Platts Asia-Pacific Marketscan for Singapore Cargoes of Jet Kerosene minus the arithmetic average of the high and low quotations for Singapore Gasoil for each business day during the contract month (using Non-common pricing).
Termination Of Trading Trading terminates on the last Singapore business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 672
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing