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Trading Hours and Holiday Calendar

Trading Hours

Electronic trading is open from 1600 North American Central Standard Time / Central Daylight Time (CST/CDT) Sundays and from 1645 CST/CDT Monday to Thursday and closes at 1600 CST/CDT the next day, Monday to Friday.

Singapore is 14 hours ahead of CST and Dubai is 10 hours ahead. The time difference is reduced by one hour when CDT is in effect. Neither Dubai nor Singapore observe Daylight Savings Time.

 


Settlement

A daily Oman Marker Price is published by the DME for the front month DME Oman Crude Oil Futures Contract at 1630 Singapore time.

The DME also publishes an end of day settlement price at 1330 CST/CDT for all contracts. This timing coincides with the settlement prices of the light sweet crude oil futures contract and other key energy markets. The DME end of day settlement price is used by the Clearing House to mark to market open positions and thereby establish variation margin.

The DME is closed for trading on New Year's Day, Good Friday and Christmas Day, therefore no Marker or Settlement Prices will be published on these days. As illustrated in the table below, there are six additional US holidays where no margining will occur, but there will be a daily Oman OSP Marker Prices published for the DME Oman Crude Oil Futures Contract at 1630 Singapore time on these days.

Holiday Calendar

DME Trading and Settlement
for US Holiday Calendar 2018 Contract
Trading for Business Day DME Marker Price
(CME intra-day Settlement)
DME Settlement Price
(CME Settlement)
Christmas Day Monday, December 25 2017 Closed No No
New Year Day 2018  Monday, January 1 Closed No No
 
Martin Luther King Day Monday, January 15 1/16/2018 Yes No
Presidents' Day Monday, February 19 2/20/2018 Yes No
Good Friday Friday, March 30 Closed No No
Memorial Day Monday, May 28 5/29/2018 Yes No
Independence Day Wednesday, July 4 5/29/2018 Yes No
Labor Day Monday, September 3 9/4/2018 Yes No
Thanksgiving Day Thursday, November 22 11/23/2018 Yes No
Christmas Day Tuesday, December 25 Closed No No
New Year Day 2019  Tuesday, January 1 Closed No No

For DME contracts using Platts settlements, please refer to the Platts traiding schedule at http://www.platts.com

Platts™ is a trademark of S&P Global Inc. and has been licensed for use by DME. The Dubai Crude Oil (Platts), Singapore Gasoil (Platts), Singapore Mogas 92 Unleaded (Platts), Singapore Jet Kerosene (Platts), Middle East Fuel Oil 180 cst (Platts), Middle East Fuel Oil 380 cst (Platts), Singapore vs. Middle East Fuel Oil 180 cst Spread (Platts), Singapore vs. Middle East Fuel Oil 380 cst Spread (Platts) are not sponsored, endorsed, sold or promoted by PLATTS and PLATTS makes no representation regarding the advisability of buying, selling and/or investing in the Brent vs. Dubai (Platts) Crude Oil BALMO Futures, Brent vs. Dubai (Platts) Crude Oil Futures, DME Oman vs. Dubai (Platts) Crude Oil Futures, Dubai Crude Oil (Platts) Average Price Option, Dubai Crude Oil (Platts) BALMO Futures, Dubai Crude Oil (Platts) Futures, Singapore Gasoil (Platts) vs. DME Oman Crude Oil Futures, Singapore Jet Kerosene (Platts) vs. DME Oman Crude Oil Futures, Singapore Mogas 92 Unleaded (Platts) vs. DME Oman Crude Oil Futures, Middle East Fuel Oil 180 cst (Platts) Futures, Middle East Fuel Oil 380 cst (Platts) Futures, Singapore vs. Middle East Fuel Oil 180 cst Spread (Platts) Futures, Singapore vs. Middle East Fuel Oil 380 cst Spread (Platts) Futures, Singapore Fuel Oil 180 cst (Platts) Futures, Singapore Fuel Oil 380 cst (Platts) Futures, and Singapore Fuel Oil 180 cst vs. 380 cst (Platts) Futures Contracts.

Note: The last trading day shall not be set for any CME Holiday. Please see product definitions.

Although the DME has made every effort to ensure the accuracy of the information contained herein, dates may be subject to change.