Mini European Propane CIF ARA (Argus) Futures - Contract Specs
| Contract Unit | 100 Metric Tons |
|---|---|
| Price Quotation | U.S. Dollars and Cents Metric Ton |
| Trading Hours | Sunday - Friday 5:00 p.m. - 4:00 p.m. CT (with a 60-minute break each day beginning at 4:00 p.m.CT) |
| Minimum Price Fluctuation | |
| Product Code | CME Globex: MPS CME ClearPort: MPS Clearing: MPS |
| Listed Contracts | Default Monthly contracts listed for the current year and the next 3 calendar years. Monthly contracts for a new calendar year will be added 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 Argus Media for Propane CIF ARA for each business day that it is determined during the contract month. |
| Termination of Trading | Trading terminates on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
