CS Trading - Energy

Months traded are F = Jan., G = Feb., H = Mar., J = Apr., K = May, M = Jun., N = Jul., Q = Aug., U = Sep., V = Oct., X = Nov., Z = Dec.

(a) Expanded limits sometimes
(b) Certain transactions may be different. Pls consult exchg.
(c) During daylight savings time, evening hours are 20:00–23:00. 3:00–8:00 (9:00) traded on Dublin floor.
(d) GLOBEX hours are Mon.–Thurs. and 17:00–normal close on Sundays and holidays.
(e) ACCESS hours Monday–Thursday 15:15–9:30 and on Sundays 19:00–9:30
(f) Natural Gas futures and options will close at 14:45 on any futures termination day that falls on a Wednesday.
(g) ACCESS hours Monday – Thursday 13:45–9:00 and on Sundays 19:00–9:00
(h) ACCESS hours Monday–Thursday 14:00–8:00; Friday 14:00–16:30; and on Sundays 19:00–8:00 except for Aluminum, which closes at 7:40 for all overnight sessions.
(i) Electronic hours Sun.–Friday
(j) Below 95¢/lb. Prices at or above 95¢/lb.: .05¢/lb. = $25.00
(k) Trading suspended at 11:58, with a Closing Call at 12:00 noon, or if delayed, at 12:10.
(l) On the Last Trading Day for any contract all contracts will close at 3:15PM.
(m) Times shown for Mon.–Thurs.; Sundays, 19:00–9:30; Fridays 10:00–14:30
(p) 17:10–7:00 during U.S. daylight savings time
(s) On half-day holidays: 9:00–11:10
(t) 0.5 pts. = ¥500.00 for prices over 5 pts.; 0.1 pts. = ¥100.00 for prices lessthan 5 pts.
(u) Trading on all series options stops when corresponding futures are locked limit-up or -down.
(w) Trading ceases when corresponding futures are limit bid/offered.
(x) GLOBEX Hours Mon–Thurs.; 17:00-normal close on Sundays and holidays.
(y) GLOBEX Hours CST: 2:00–15:15; 15:30–16:30 CDT: 3:00–15:15; 15:30–16:30; 17:00–18:00
(z) Market-making hours: 10:00–11:40; 12:00–13:00; 15:30–16:30; 17:00–17:30; Ring trading hours are followed by a two-minute interval/extension.

FUTURES	EXCH	SIZE	MONTHS TRADED	LOCAL TRADING HOURS	MIN. FLUCTUATION	DAILY LIMIT
Energy:
Crude Oil–Brent	IPE	1,000 barrels	All 12 months	14:00–19:30; Elect. 2:00–22:00	US1¢/barrel = $10.00	None
Crude Oil–Brent	NYM	1,000 barrels	All 12 months	10:00–14:30, ACCESS (e) ; 10:00–19:30 Dublin	1¢/barrel = $10.00	None
Crude Oil–Light Sweet	NYM	1,000 barrels	All 12 months	10:00–14:30; ACCESS (e)	1¢/barrel = $10.00	Pls. consult exchange
Crude Oil-e-miNY	NYM	500 barrels	All 12 months	10:00–14:30; 15:15–17:30; 18:00–9:30(m)	2.5¢/barrel = $12.50	Pls. consult exchange
Crude Oil	TOCOM	100 kl.	All 12 months	9:00–11:00; 12:30–15:30	¥10/kl.= ¥1,000.00	Pls. consult exchange
Gas Oil	IPE	100 met. tons	All 12 months	9:15–17:27; Elect. 2:00–22:00	US25¢/ton = $25.00	None
Gas Oil	TOCOM	100 kl.	All 12 months	9:00–11:00; 12:30–15:30	¥10/kl.= ¥1,000.00	Pls. consult exchange
Gasoline	TOCOM	100 kl.	All 12 months	9:00–11:00; 12:30–15:30	¥10/kl.= ¥1,000.00	Pls. consult exchange
Gas NY–unleaded	NYM	42,000 gallons	All 12 months	10:05–14:30; ACCESS (e)	.01¢/gal. = $4.20	Pls. consult exchange
Heating Oil	NYM	42,000 gallons	All 12 months	10:05–14:30; ACCESS (e)	.01¢/gal. = $4.20	Pls. consult exchange
Kerosene	TOCOM	100 kl.	All 12 months	9:00–11:00; 12:30–15:30	¥10/kl.= ¥1,000.00	Pls. consult exchange
Natural Gas	IPE	1,000thrms/ctrdy	All 12 months	8:00–17:00 (daily contr. 8:00–16:00)	.01p/therm	None
Natural Gas-e-miNY	NYM	5,000 mmBtu	All 12 months	10:00–14:30; 15:15–17:30;18:00–9:30 (m)	$.005 mmBtu = $25.00	None
Nat. Gas–Henry Hub	NYM	10,000 mmBtu	All 12 months	10:00–14:30; ACCESS (e)	.1¢/mmBtu = $10.00	Pls. consult exchange
Propane	NYM	42,000 gallons	All 12 months	9:20–13:10; ACCESS (g)	.01¢/gallon = $4.20	Pls. consult exchange

NOTES TO CONTRACT SPECIFICATIONS