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NYMEX ClearPort
Contract Detail
Description
Specifications
Margins
Termination Schedule
Terms & Conditions
Settlements
 
Trading Unit
1,000 U.S. barrels
Price Quotation
U.S. dollars and cents per barrel.
Trading Hours
Clearing through CME ClearPort® is available from 6:00 p.m. Sundays through 5:15 p.m. Fridays (5:00 p.m. Sundays through 4:15 p.m. Fridays Chicago time/CT), with a 45-minute break each day between 5:15 p.m. and 6:00 p.m. (4:15 p.m. and 5:00 p.m. CT). The contract is also available for trading on the New York Trading Floor from 9:00 a.m. to 2:30 p.m. (8:00 a.m. to 1:30 p.m. CT) Mondays through Fridays.
Listed Months
Three consecutive months.
Termination of Trading
Trading shall cease on the listed contract day.
Settlement Type
The Floating Price for each Brent CFD contract (code 6W) is the daily mid-point between the high and low quotations for the Platts Dated Brent assessment minus the second month Brent (also referred to BFOE) cash price as published by Platts for each business day that both are determined during the contract month.
Rulebook Chapter
699
Trading Symbol
6W
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