USD Malaysian Crude Palm Oil Day 15th Bullet
Futures and Options
USD Malaysian Crude Palm Oil Day 15th Bullet Futures - Contract Specs
Contract Unit | 25 metric tons |
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Price Quotation | U.S. dollars and cents per metric ton |
Trading Hours | CME Globex: Monday - Friday, 8:30 a.m. - 1:20 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 5:45 p.m. CT with no reporting Monday - Thursday from 5:45 p.m. - 6:00 p.m. CT |
Minimum Price Fluctuation | 0.25 per metric ton = $6.25 |
Product Code | CME Globex: CPV CME ClearPort: CPV Clearing: CPV |
Listed Contracts | Monthly contracts listed for 60 consecutive months |
Settlement Method | Financially Settled |
Floating Price | The Floating Price for each contract month is equal to the BMD Crude Palm Oil Futures (FCPO) 3rd forward month’s settlement price converted to USD using the Kuala Lumpur USD/MYR Reference Rate on the 15th calendar day of the contract month. If such date is not a BMD business day, the BMD Crude Palm Oil Futures (FCPO) 3rd forward month’s settlement price on the preceding BMD business day will apply. |
Termination of Trading | Trading terminates on the 15th calendar day of the contract month. If the 15th is not a Bursa Malaysia Derivatives (BMD) business day, then the preceding BMD business day will apply. |
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Exchange Rulebook | |
Block Minimum | |
Vendor Codes |