Contract Unit |
500 dry metric tons |
Minimum Price Fluctuation |
0.01 per dry metric ton = $5.00 |
Price Quotation |
U.S. dollars and cents per dry metric ton |
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) |
Product Code |
Clearing: ICT |
Listed Contracts |
Monthly contracts listed for the current year and the next 3 calendar years. List monthly contracts for a new calendar year following the termination of trading in the December contract of the current year.
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Termination Of Trading |
Trading terminates on the last Singapore business day of the contract month.
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Position Limits |
NYMEX Position Limits |
Exchange Rulebook |
NYMEX 644 |
Block Minimum |
Block Minimum Thresholds |
Vendor Codes |
Quote Vendor Symbols Listing |
Strike Price Listing Procedures |
Strike Price Listing and Exercise Procedures Table |
Exercise Style |
European |
Settlement Method |
Financially Settled |
Underlying |
Iron Ore 62% Fe, CFR China (TSI) Futures |