Dated Brent (Platts) Daily Futures - 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. 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: A7G CME ClearPort: 7G Clearing: 7G |
| Listed Contracts | Daily contracts listed for the current month and the next 2 calendar months. Add daily contracts for a new calendar month following the termination of trading of the last contract day of the current month. |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each Dated Brent (Platts) Daily Swap Futures contract is the daily mid-point between the high and low quotations from the Platts Crude Oil Marketwire for the Dated Brent assessment for each business day that it is determined during the contract month. |
| Termination of Trading | Trading terminates at the close of business on the contract day. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
