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| Trading Unit |
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| 1000 barrels. |
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| Price Fluctuation |
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| U.S. dollars and cents per barrel. |
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| Trading Hours (All times are New York time) |
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| 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. |
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| Minimum Price Fluctuation |
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| $0.01 per barrel. |
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| Trading Months |
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| The current year plus five years through December 2012. A new calendar year will be added following the termination of trading in the December contract of the current year. |
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| Termination of Trading |
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| Trading ceases on the last business day of the contract month. |
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| Margin Requirements |
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| Margins are required for open futures positions. |
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| Settlement |
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| Financial, based on the arithmetic average of the mid-point between the high and low quotations from Platts Crude Oil Marketwire for Dated Brent minus the ICE Brent Crude Oil Futures first nearby contract settlement price. |
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| Trading Symbol |
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| FY |
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