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NYMEX ClearPort
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Settlements

 
To help market participants better manage their price risk, the New York Mercantile Exchange makes available a Brent calendar swap futures contract. The contract is available for trading on NYMEX ClearPort®; off-exchange transactions can be submitted for clearing only. The settlement price for each contract month is equal to the arithmetic average of the ICE Brent crude oil futures first nearby contract settlement prices. The contract is financially settled.
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