FAME 0 Biodiesel FOB Rdam (Argus) (RED Compliant)
Futures
FAME 0 Biodiesel FOB Rdam (Argus) (RED Compliant) Futures - Contract Specs
| Contract Unit | 100 metric tons |
|---|---|
| Price Quotation | U.S. dollars and cents per metric ton |
| 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 metric ton = $0.10 |
| Product Code | CME Globex: FBD CME ClearPort: FBD Clearing: FBD |
| Listed Contracts | Monthly contracts listed for 24 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the bid and ask quotations from Argus Biofuels publication for FAME 0 under the heading "RED Compliant FAME 0 fob Rotterdam" for each business day that the Floating Price is determined during the contract month. |
| Termination of Trading | Trading terminate on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
