Description
Type: String
The unit of measure of the underlying commodity upon which the contract is based. Two groups of units of measure enumerations are supported.
Fixed Magnitude UOMs are primarily used in energy derivatives and specify a magnitude (such as, MM, Kilo, M, etc.) and the dimension (such as, watt hours, BTU's) to produce standard fixed measures (such as MWh - Megawatt-hours, MMBtu - One million BTUs).
The second group, Variable Quantity UOMs, specifies the dimension as a single unit without a magnitude (or more accurately a magnitude of one) and uses the UnitOfMeasureQty <1147>) field to define the quantity of units per contract. Variable Quantity UOMs are used for both commodities (such as lbs of lean cattle, bushels of corn, ounces of gold) and financial futures.
Examples:
For lean cattle futures contracts, a UnitOfMeasure of 'lbs' with a UnitOfMeasureQty <1147> of 40,000, means each lean cattle futures contract represents 40,000 lbs of lean cattle.
For Eurodollars futures contracts, a UnitOfMeasure of USD with a UnitOfMeasureQty <1147> of 1,000,000, means a Eurodollar futures contract represents 1,000,000 USD.
For gold futures contracts, a UnitOfMeasure is oz_tr (Troy ounce) with a UnitOfMeasureQty <1147> of 1,000, means each gold futures contract represents 1,000 troy ounces of gold.
Valid values:
- Fixed Magnitude UOM
- Bcf = Billion cubic feet
- CBM = Cubic Meters
- GJ = gigajoules
-
kHR = Heat rate
The number of BTUs required to produce one kilowatt hour of electricity, typically 3,412.14 BTUs per 1 kWh.
- kWh = Kilowatt hours
-
MHR = Mega heat rate
The number of million BTUs required to produce one megawatt hour of electricity, typically 3.41214 million BTUs per 1 MWh.
- MMBtu = One Million BTU
- MWh = Megawatt hours
-
thm = therms
Equal to 100,000 BTU
- tnCO2 = Tons of carbon dioxide
- MMbbl = Million Barrels
- Variable Quantity UOM
- Alw = Allowances
- Bbl = Barrels
-
BDFT = Board feet
Equal to 144 cubic inches
- Bu = Bushels
- Ccy = Amount of currency
- CDD = Cooling degree day
- CER = Certified emissions reduction
- CPD = Critical precipitation day
- CRT = Climate reserve tonnes
-
cwt = Hundredweight (US)
Equal to 100 lbs
- day = Days
- dt = Dry metric tons
- EnvAllwnc = Environmental allowance certificates
- EnvCrd = Environmental credit
- EnvOfst = Environmental Offset
- g = Grams
- Gal = Gallons
-
GT = Gross tons
Also known as long tons or imperial tons, equal to 2240 lbs
- HDD = Heating degree day
- IPNT = Index point
- kg = Kilograms
- kL = kiloliters
- kW-a = Kilowatt year (electrical capacity)
- kW-d = Kilowatt day (electrical capacity)
- kW-h = Kilowatt hour (electrical capacity)
- kW-M = Kilowatt month (electrical capacity)
- kW-min = Kilowatt-Minute (electrical capacity)
- L = liters
- lbs = pounds
- MW-a = Megawatt year (electrical capacity)
- MW-d = Megawatt day (electrical capacity)
- MW-h = Megawatt hour (electrical capacity)
- MW-M = Megawatt month (electrical capacity)
- MW-min = Megawatt minute (electrical capacity)
- oz_tr = Troy Ounces
- PRINC = Principal with relation to debt instrument
- t = Metric Tons (aka Tonne)
- tn = Tons (US)
- a = Are
- ac = Acre
- cL = Centiliter
- cM = Centimeter
- DGE = Diesel gallon equivalent
- ft = Foot
- Gal_gb = GB Gallon
- GGE = Gasonline gallon equivalent
- ha = Hectare
- in = Inch
- kM = Kilometer
- M = Meter
- mi = Mile
- mL = Milliliter
- mM = Millimeter
- oz = US ounce
- pc = Piece
- pt = US Pint
- pt_gb = GB pint
- qt = US Quart
- qt_gb = GB Quart
- SqcM = Square centimeter
- Sqft = Square foot
- Sqin = Square inch
- SqkM = Square kilometer
- SqM = Square meter
- Sqmi = Square mile
- SqmM = Square millimeter
- Sqyd = Square yard
- yd = Yard
- USD = US Dollars