Gulf Coast Jet Fuel (Platts) Futures - Contract Specs
| Contract Unit | 42,000 gallons |
|---|---|
| Price Quotation | U.S. dollars and cents per gallon. |
| Trading Hours | CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/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 |
| Product Code | CME Globex: AGE CME ClearPort: GE Clearing: GE |
| Listed Contracts | 36 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts Oilgram Price Report for Gulf Coast Jet/Kero 54 (Pipeline) for each business day that it is determined during the contract month. The Platts prices to be used are found in Platts media or any accepted Platts product and the timing is end of day New York. |
| Termination of Trading | Trading shall cease on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
