Asset Class Navigation

E-mini RBOB Gasoline Futures Contract Specs

Code QU
Venue CME Globex, Open Outcry (New York)
(All Times are New York Time/ET)
CME Globex: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT)
Open Outcry: Monday – Friday 9:00 AM – 2:30 PM. (8:00 AM – 1:30 PM CT)
Contract Unit 21,000 gallons
Pricing Quotation U.S. dollars and cents per gallon.
Minimum Fluctuation The minimum trading tick on Globex is $0.001 per gallon. For settlement price purposes, the contract will settle using the RBOB settlement prices, with minimum price tick of $0.0001 per gallon.
Maximum Daily Price Fluctuation Trading halts and price limits for this contract are subject to the provisions governing Special Price Fluctuation Limits for NYMEX New York Harbor Gasoline (RBOB) Futures contract set forth in Chapter 191.
Floating Price The Floating Price for each contract month will be equal to the NYMEX New York Harbor Gasoline Blendstock (RBOB) Futures contract (Symbol RB) settlement price for the corresponding contract month on the last trading day for the E-mini Gasoline Futures contract month.
Termination of Trading Trading in the current delivery month shall cease on the second-to-last business day of the month prior to the contract month.
Listed Contracts 12 consecutive months
Position Limits NYMEX Position Limits
Rulebook Chapter NYMEX Rulebook Chapter 403
Settlement Type Financial
Settlement Procedure Daily E-mini RBOB Gasoline Futures Settlement Procedure (PDF)
Final E-mini RBOB Gasoline Futures Settlement Procedure (PDF)
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.

Futures & Options Trading

As the world's leading and most diverse derivatives marketplace, CME Group is where the world comes to manage risk. CME Group exchanges offer the widest range of global benchmark products across all major asset classes, including futures and options based on interest rates, equity indexes, foreign exchange, energy, agricultural commodities, metals, weather and real estate. CME Group brings buyers and sellers together through the CME Globex electronic trading platform and trading facilities in New York and Chicago. CME Group also operates CME Clearing, one of the largest central counterparty clearing services in the world, which provides clearing and settlement services for exchange-traded contracts, as well as for over-the-counter derivatives transactions through CME ClearPort.

Idea Exchange

Idea Exchange is your direct link to the product managers, marketers, and the development teams who create and will allow you to review functionality, participate in focus and provide feedback on upcoming Web initiatives

Idea Exchange - Join Our User Focus Program

Contact Us

CME Group/Chicago HQ:
Local: +1 312 930 1000
Toll Free: +1 866 716 7274

Global Customer Contacts

More CME Group Direct Lines
Phone list by department

Global Partnerships


Global Offices Contact Information

Calgary Houston Chicago New York Washington São Paulo Belfast London Singapore Hong Kong Seoul Tokyo Beijing

© 2014 CME Group Inc. All rights reserved.

CME Group is the world's leading and most diverse derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX, and COMEX.