Product Symbol
DZB
Hours (All Times are New York Time/ET)
CME ClearPort: Sunday - Friday 6.00 p.m. - 5.15 p.m. with 45-minute break each day beginning at 5.15 p.m.
Open Outcry: Monday - Friday 9.00 a.m. - 2.30 p.m.
Contract Quantity and Value
The contract quantity shall be 1,000 U.S. barrels. Each contract shall be valued as the contract quantity (1,000) multiplied by the settlement price.
Prices and Fluctuations
Prices shall be quoted in U.S. dollars and cents per barrel. The minimum price fluctuation shall be $0.001 per barrel. There shall be no maximum price fluctuation.
Floating Price
The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore Physical Cargoes of Gasoil 0.5% Sulfur minus the DME Oman Crude Oil Futures 1st nearby contract settlement price as of 4.30 p.m. (Singapore time) for each business day during the contract month (using Non-common pricing).
Termination of Trading
Trading shall cease on the last business day of the Contract Month
Listed Contracts
36 consecutive months
Final Settlement
Delivery under the contract shall be by cash settlement. Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.
Exchange for Related Position
Any Exchange for Related Position (EFRP) transaction shall be governed by the provisions of NYMEX Exchange Rule 538.
Position Limits
NYMEX position limits
Exchange Rule
This contract is listed with, and subject to, the rules and regulations of NYMEX
DZB
Hours (All Times are New York Time/ET)
CME ClearPort: Sunday - Friday 6.00 p.m. - 5.15 p.m. with 45-minute break each day beginning at 5.15 p.m.
Open Outcry: Monday - Friday 9.00 a.m. - 2.30 p.m.
Contract Quantity and Value
The contract quantity shall be 1,000 U.S. barrels. Each contract shall be valued as the contract quantity (1,000) multiplied by the settlement price.
Prices and Fluctuations
Prices shall be quoted in U.S. dollars and cents per barrel. The minimum price fluctuation shall be $0.001 per barrel. There shall be no maximum price fluctuation.
Floating Price
The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from the Platts Asia-Pacific Marketscan for Singapore Physical Cargoes of Gasoil 0.5% Sulfur minus the DME Oman Crude Oil Futures 1st nearby contract settlement price as of 4.30 p.m. (Singapore time) for each business day during the contract month (using Non-common pricing).
Termination of Trading
Trading shall cease on the last business day of the Contract Month
Listed Contracts
36 consecutive months
Final Settlement
Delivery under the contract shall be by cash settlement. Final settlement, following termination of trading for a contract month, will be based on the Floating Price. The final settlement price will be the Floating Price calculated for each contract month.
Exchange for Related Position
Any Exchange for Related Position (EFRP) transaction shall be governed by the provisions of NYMEX Exchange Rule 538.
Position Limits
NYMEX position limits
Exchange Rule
This contract is listed with, and subject to, the rules and regulations of NYMEX
