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Premium Unleaded Gasoline 10 ppm (Platts) Barges FOB Rdam Swap Futures
 
 
Premium Unleaded Gasoline 10 ppm (Platts) Barges FOB Rdam Swap Futures
Product Symbol 7L
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 – 2:30 PM. (8:00 AM – 1:30 PM CT)
Contract Unit 1,000 metric tons
Price Quotation U.S. dollars and cents per metric ton
Minimum Fluctuation $0.001 per metric ton
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from the Platts European Marketscan for Premium Unleaded Gasoline 10ppm under the heading “Rotterdam FOB Barges” 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.
Listed Contracts 36 consecutive months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 715
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.