The contract, launched by the CME Group, was for 60,000 metric tons (mt), with a nominal cash value of US$17.34 million based on a spot price of US$289/mt and references the Platts Australian coking coal index. It is listed on Nymex as Australian Coking Coal (Platts) Low Vol Swap Futures (ALW), with clearing services available through CME ClearPort. A similar contract referencing the Argus index (ACR) is also available.