Chapter 204C
USD Malaysian Palm Olein Calendar Futures
204C00.

SCOPE OF CHAPTER
This chapter is limited in application to USD Malaysian Palm Olein Calendar futures. In addition tothis chapter, the contract shall be subject to the general rules and regulations of the Exchange
insofar as applicable.

204C01.

CONTRACT SPECIFICATIONS
204C01.A. Trading Unit
The unit of trade shall be 25 metric tons.
204C01.B. Hours
The hours of trading for this contract shall be determined by the Exchange.
204C01.C. Minimum Price Increments
Minimum price fluctuations shall be in multiples of USD $0.25 per metric ton which shall equal USD$6.25 per contract. Contracts shall not be made on any other price basis.
204C01.D. Trading Schedule
The number of months in which trading may occur shall be at the discretion of the Exchange.
204C01.E. Position Limits, Exemptions, Position Accountability and Reportable Levels
The applicable position limits and/or accountability levels, in addition to the reportable levels, areset forth in the Position Limit, Position Accountability and Reportable Level Table in theInterpretations & Special Notices Section of Chapter 5.
A Person seeking an exemption from position limits for bona fide commercial purposes shall apply
to the Market Regulation Department on forms provided by the Exchange, and the MarketRegulation Department may grant qualified exemptions in its sole discretion.
Refer to Rule 559. for requirements concerning the aggregation of positions and allowable
exemptions from the specified position limits.
204C01.F. Last Trading Day
The last trading day for the contract deliverable in the current delivery month shall be the final
settlement day as prescribed in Rule 204C05.
204C01.G. Liquidation during the Delivery Month
After trading of the contract in the current delivery month has ceased, in accordance with Rule
204C01.F., outstanding contracts for such delivery shall be liquidated by cash settlement asprescribed in Rule 204C02.

204C02.

CASH SETTLEMENT
Final settlement under these rules shall be on the final settlement day (as described in Rule
204C05.) and shall be accomplished by cash settlement. Clearing members holding open positionsin the contract at the time of termination of trade shall make payment to and receive payment
through the Clearing House in accordance with normal variation settlement procedures based on asettlement price equal to the final settlement price (as described in Rule 204C03.).

204C03.

FINAL SETTLEMENT PRICE AND DAILY SETTLEMENT DURING THE LAST MONTH
OF TRADINGThe final settlement price shall be determined on the final settlement day. The final settlement
price shall be the cumulative average of each Thomson Reuters “Malaysia RBD Palm Olein” third
forward month closing time assessment for each business day of the contract month rounded to thenearest $0.25.
For example, final settlement for a January contract month of the contract would be the cumulativeaverage of the daily assessment prices for the third forward Thomson Reuters Malaysia RBD PalmOlein assessment during the month of January, which in this example will comprise half of theMarch assessment and half of the April assessment, with the month roll determined by the© Copyright Chicago Mercantile Exchange, Inc. All rights reserved.

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Thomson Reuters listing and expiration cycle. These daily settlement prices are rounded to thenearest $0.25.
Daily settlement during the last month of trade shall be the cumulative average of each ThomsonReuters Malaysia RBD Palm Olein third forward month closing time assessment weighting thecurrent day’s settlement price across each remaining trading day and rounded to the nearest $0.25.
Settlement prices shall be generated each CME business day using the most recent available
Thomson Reuters Malaysia RBD Palm Olein values. However, any settlement prices generated on
CME business days when Thomson Reuters does not publish a Malaysia RBD Palm Olein
assessment will not be counted toward final settlement. Additionally, there will be no daily
settlement prices generated on non-CME business days that are Thomson Reuters Malaysia RBD
Palm Olein assessment days, but the Thomson Reuters Malaysia RBD Palm Olein assessments
generated on such days will count toward final settlement and daily settlement during the lastmonth of trade.

204C04.

DAILY SETTLEMENT PRICE
Daily settlement other than settlement on the final settlement day or during the last month of trade(as described in Rule 204C03.) shall be the Thomson Reuters Malaysia RBD Palm Olein third
forward month from the contract month assessment that day rounded to the nearest $0.25.
Daily settlement prices shall be generated each business day the CME is open using the mostrecent available Thomson Reuters values.

204C05.

FINAL SETTLEMENT DAY
The final settlement day shall be on the last CME business day of the contract month. However,should there be a Thomson Reuters Malaysia RBD Palm Olein assessment during the contract
month that follows the last CME business day of the contract month, then final settlement shall beon the first CME business day of the month following the contract month.

204C06.

DISCLAIMER
NEITHER CHICAGO MERCANTILE EXCHANGE INC. (“CME”) ITS AFFILIATES NOR THOMSONREUTERS GUARANTEES THE ACCURACY OR COMPLETENESS OF THE THOMSONREUTERS PRICE ASSESSMENT OR ANY OF THE DATA INCLUDED THEREIN. CME, ITSAFFILIATES AND THOMSON REUTERS MAKE NO WARRANTIES, EXPRESS OR IMPLIED, ASTO THE RESULTS TO BE OBTAINED BY ANY PERSON OR ENTITY FROM USE OF THE
THOMSON REUTERS PRICE ASSESSMENT, TRADING AND/OR CLEARING BASED ON THETHOMSON REUTERS PRICE ASSESSMENT, OR ANY DATA INCLUDED THEREIN INCONNECTION WITH THE TRADING AND/OR CLEARING OF THE CONTRACT, OR, FOR ANYOTHER USE. CME, ITS AFFILIATES AND THOMSON REUTERS MAKE NO WARRANTIES,EXPRESS OR IMPLIED, AND HEREBY DISCLAIM ALL WARRANTIES OF MERCHANTABILITYOR FITNESS FOR A PARTICULAR PURPOSE OR USE WITH RESPECT TO THE THOMSONREUTERS PRICE ASSESSMENT OR ANY DATA INCLUDED THEREIN. WITHOUT LIMITINGANY OF THE FOREGOING, IN NO EVENT SHALL CME, ITS AFFILIATES OR THOMSONREUTERS HAVE ANY LIABILITY FOR ANY LOST PROFITS OR INDIRECT, PUNITIVE, SPECIALOR CONSEQUENTIAL DAMAGES (INCLUDING LOST PROFITS), EVEN IF NOTIFIED OF THEPOSSIBILITY OF SUCH DAMAGES.

© Copyright Chicago Mercantile Exchange, Inc. All rights reserved.

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