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 Futures-Style Margin Option - Contract Specs
| Contract Unit | 1000 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: BZO CME ClearPort: BZO Clearing: BZO |
| Listed Contracts | Monthly contracts listed for the current year and the next 7 calendar years and 3 additional contract months. List monthly contracts for a new calendar year and 3 additional contract months following the termination of trading in the December contract of the current year. |
| Termination of Trading | Trading terminates on the 4th last London business day of the month, 2 months prior to the contract month (3 business day prior to the expiration of the underlying futures corresponding contract month). The February contract month terminates on the 5th last London business day of the month, 2 months prior to the contract month (3 business day prior to the expiration of the underlying futures corresponding contract month). |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes | |
| Strike Prices Strike Price Interval | |
| Settlement Method | Deliverable |
| Underlying | Brent Crude Oil Last Day Financial Futures |
