Container Freight (China/East Asia to US West Coast) (FBX01) (Baltic)
Futures
Container Freight (China/East Asia to US West Coast) (FBX01) (Baltic) Futures - Contract Specs
| Contract Unit | 1 FEU |
|---|---|
| Price Quotation | U.S. dollars and cents per FEU |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a 60-minute break each day beginning at 4:00 p.m. CT CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. - 5:00 p.m. CT |
| Minimum Price Fluctuation | 1 FEU = $1.00 |
| Product Code | CME Globex: CS1 CME ClearPort: CS1 Clearing: CS1 |
| 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 curent year. |
| Settlement Method | Financially Settled |
| Floating Price | The floating price for each contract month is equal to arithmetic average of the USD per FEU rate for the Container Freight Route China/East Asia to North America West Coast (FBX01) or as subsequently amended, published by the Baltic Exchange for each day that is published during the Contract Month. The Floating Price shall be rounded to the nearest $0.01. |
| Termination of Trading | For contract months January to November inclusive: Trading terminates on the last business day of the calendar month. For December contract months: Trading terminates on the 24th calendar day of the month, or if this is not a business day, the first preceding business day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
