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RBOB Gasoline Bullet Futures Contract Specs

Product Symbol RT
Venue CME Globex, CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)
CME Globex and 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 42,000 gallons
Price Quotation U.S. dollars and cents per gallon.
Minimum Fluctuation $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 is equal to the RBOB Gasoline Futures 1st nearby contract settlement price on the penultimate trading day for the delivery month.
Termination of Trading Trading shall cease one business day prior to the termination date of the RBOB Gasoline Futures Contract for the delivery month.
Listed Contracts 36 consecutive months
Settlement Type Financial
Settlement Procedure Daily RBOB Gasoline Bullet Futures Settlement Procedure (PDF)
Final RBOB Gasoline Bullet Futures Settlement Procedure (PDF)
Position Limits NYMEX Position Limits
Rulebook Chapter 555
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.