1 Month Calendar Spread Option2 Month Calendar Spread Option3 Month Calendar Spread Option6 Month Calendar Spread Option12 Month Calendar Spread OptionEuropean OptionsFinancial 1 Month Spread OptionsFinancial 2 Month Spread OptionsFinancial 3 Month Spread OptionsFinancial 6 Month Spread OptionsFinancial 12 Month Spread OptionsFutures-Style MarginPhysical OptionsWeekly Friday Option
Brent Last Day Financial
Futures and Options
Brent Crude Oil 6 Month Spread Option - Contract Specs
| Contract Unit | 1,000 barrels |
|---|---|
| Minimum Price Fluctuation | 0.01 per barrel = $10.00 |
| 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. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
| Product Code | CME Globex: AM CME ClearPort: AM Clearing: AM |
| Listed Contracts | 6-Month spreads listed for 13 consecutive months and the next 2 June and 2 December spreads |
| Termination of Trading | Trading terminates on the last UK business day of the second month prior to the contract month, except for the UK business day prior to New Year’s Day, where trading terminates on the second UK business day prior to New Year’s Day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Exercise Style | European |
| Settlement Method | Deliverable |
| Underlying | Brent Crude Oil Futures |
