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NYMEX ClearPort
Calendar Swap
Overview
Description
Specifications
Margins
Termination Schedule
Terms & Conditions
BALMO Swap
Specifications
Margins
Termination Schedule
Terms & Conditions
Dubai Crude Oil Calendar Swap Futures (Platts)
Trading Unit
1,000 barrels.
Price Quotation
U.S. dollars and cents per barrel.
Trading Hours (All times are New York time)
The contract is available for trading on the NYMEX ClearPort® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Trading Months
36 consecutive months.
Termination of Trading
Trading ceases on the last business day of the contract month.
Settlement Type
Financial, based on the arithmetic average of the Platt's Dubai frontline mean during the contract month.

"Platts®" is a trademark of The McGraw-Hill Companies, Inc., and has been licensed for use by the New York Mercantile Exchange, Inc. Platts does not sponsor, endorse, sell, or promote the contract and Platts makes no recommendations concerning the advisability of investing in the contract.
Trading Symbol
DC
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