Dated Brent (Platts) vs. Brent First Month (BFOE) (Platts) Daily CFD
Futures
Dated Brent (Platts) vs. Brent First Month (BFOE) (Platts) Daily CFD Future - Contract Specs
| Contract Unit | 1,000 barrels |
|---|---|
| Price Quotation | U.S. dollars and cents per barrel |
| Trading Hours | 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 barrel = $1.00 |
| Product Code | CME Globex: A6W CME ClearPort: 6W Clearing: 6W |
| Listed Contracts | Daily contracts listed for 13 consecutive weeks |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each Brent Contract for Differences (CFD) contract is the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for the CFD assessment which is based on Dated Brent minus the second month Brent (also referred to BFOE) cash price for each business day that both prices are determined during the contract day. |
| Termination of Trading | Trading terminates at the close of trading on the contract day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
