Gulf Coast Jet Fuel (Platts) Average Price Option - Contract Specs
| Contract Unit | 42,000 gallons |
|---|---|
| Minimum Price Fluctuation | 0.0001 per gallon = $4.20 |
| Price Quotation | U.S. dollars and cents per gallon |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
| Product Code | CME Globex: GVR CME ClearPort: GVR Clearing: GVR |
| Listed Contracts | Default Monthly contracts listed for 36 consecutive months |
| Termination of Trading | Trading terminates on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Style | European |
| Settlement Method | Financially Settled |
| Underlying | Gulf Coast Jet Fuel (Platts) Futures |
