Gulf Coast CBOB Gasoline A1 (Platts) Futures Contract Specs

Futures

Contract Unit	42,000 gallons
Price Quotation	U.S. dollars and cents per gallon
Trading Hours	CME Globex:	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
	CME ClearPort:	Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation	$0.0001 per gallon
Product Code	CME Globex: CBO CME ClearPort: CBO Clearing: CBO
Listed Contracts	36 consecutive calendar months
Settlement Method	Financially Settled
Floating Price	The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from Platts Oilgram Price Report for U.S. Gulf Coast CBOB 87 gasoline (Colonial A grade: lowest RVP posted except A0) pipeline using the 7.8 RVP assessment in the summer for each business day that it is determined during the contract month.
Termination Of Trading	Trading shall cease on the last business day of the contract month.
Position Limits	NYMEX Position Limits
Exchange Rulebook	NYMEX 980
Block Minimum	Block Minimum Thresholds
Vendor Codes	Quote Vendor Symbols Listing

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