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CME launches dual listing of oil and gas options

CME Group has announced the dual listing of financially settled crude oil, Brent crude oil and natural gas calendar spread options on the New York trading floor and ClearPort Clearing.

The financially settled crude oil, Brent crude oil last day and natural gas calendar spread option contracts will begin on January 25 for a trade date of January 26. The crude and Brent crude oil contracts will be 1,000 barrels in size, with a minimum price fluctuation of $0.01 per barrel. Natural gas contracts will have a minimum fluctuation of $0.001 per million British thermal units (MMBtu) and

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