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European Gasoil (ICE) Swap Futures
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European Gasoil (ICE) Swap Futures
Product Symbol GX
Venue CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)		 CME ClearPort: 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 to 2:30 PM (8:00 AM to 1:30 PM CT)
Contract Unit 1,000 metric tons
Price Quotation U.S. dollars and cents per metric ton
Minimum Fluctuation $0.01 per metric ton
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the ICE Gasoil first nearby contract month settlement price for each business day that it is determined during the contract month, except as noted in (B) below. (B) The settlement prices of the 1st nearby contract month will be used except on the last day of trading for the expiring Gasoil Futures contracts when the settlement prices of the 2nd nearby contracts will be used.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts Current year and next 2 calendar years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 728
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.