Daily Mont Belvieu LDH Propane (OPIS) Futures - Contract Specs
| Contract Unit | 42,000 gallons |
|---|---|
| Price Quotation | U.S. dollars and cents per gallon |
| Trading Hours | CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
| Minimum Price Fluctuation | $0.00001 per gallon |
| Product Code | CME Globex: C3D CME ClearPort: C3D Clearing: C3D |
| Listed Contracts | Every day for 2 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price is the daily arithmetic average of the OPIS Mt. Belvieu Propane (LDH) price assessment. |
| Termination of Trading | Trading shall cease at the close of the business day of the daily contract. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
