Group Three ULSD (Platts) Futures - Contract Specs
Contract Unit | 42,000 gallons |
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Price Quotation | U.S. dollars and cents per gallon. |
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 | 0.0001 per gallon = $4.20 |
Product Code | CME Globex: AA7 CME ClearPort: A7 Clearing: A7 |
Listed Contracts | Monthly contracts listed for 36 consecutive months |
Settlement Method | Financially Settled |
Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the Platts Group Three ULSD mean for each business day that the Floating Price is determined during the contract month. |
Termination of Trading | Trading terminates on the last business day of the contract month. |
Position Limits | |
Exchange Rulebook | |
Block Minimum | |
Vendor Codes |