Gulf Coast ULSD (Platts) vs. Gulf Coast Jet (Platts)
Futures
Gulf Coast ULSD (Platts) vs. Gulf Coast Jet (Platts) Futures - Contract Specs
| Contract Unit | 42,000 U.S. 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: VV CME ClearPort: VV Clearing: VV |
| 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 midpoint of the high and low quotations for Platts U.S. Gulf Coast ULSD (pipeline) mean minus the midpoint of the high and low quotations for Platts U.S. Gulf Coast Jet/Kero 54 (pipeline) for each business day that both are determined during the contract month. |
| Termination of Trading | Trading shall cease on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
