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NYMEX ClearPort
Contract Detail
Description
Specifications
Margins
Termination Schedule
Terms & Conditions
Settlements
Gulf Coast Jet Fuel Calendar Swap
Trading Unit
42,000 gallons.
Price Quotation
U.S. dollars and cents per gallon.
Minimum Price Fluctuation
$0.0001 per gallon.
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
Financial, based on the arithmetic average of the high and low quotations from Platts Oilgram Price Report for Gulf Coast Jet/Kero 54 (pipeline) for each business day that it is determined during the contract month.
Trading Symbol
GE
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