Daily European 3.5% Fuel Oil Barges FOB Rdam (Platts)
Futures
Daily European 3.5% Fuel Oil Barges FOB Rdam (Platts) Futures - Contract Specs
| Contract Unit | 100 metric tons |
|---|---|
| Price Quotation | U.S. dollars and cents per metric ton |
| 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 | $0.001 per metric ton |
| Product Code | CME Globex: FOR CME ClearPort: FOR Clearing: FOR |
| Listed Contracts | Monthly contracts listed for 2 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract is equal to the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for 3.5% Fuel Oil under the heading "Barges FOB Rotterdam" assessment for each business day that it is determined. |
| 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 |
