| RBOB Gasoline vs. NY Harbor ULSD Heating Oil Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: ARY CME ClearPort: RH Open Outcry: RH |
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| Venue | CME Globex, CME ClearPort, Open Outcry (New York) | ||||
| Hours (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) | |||
| 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 U.S. gallons | ||||
| Price Quotation | U.S. dollars and cents per gallon | ||||
| Minimum Fluctuation | $0.0001 per gallon | ||||
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the NYMEX New York Harbor RBOB Futures first nearby contract month settlement price minus the NYMEX New York Harbor No. 2 Heating Oil Futures first nearby contract month settlement price for each business day that both are determined during the contract month. | ||||
| Termination of Trading | Trading shall cease on the last business day of the contract month. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | Through March 2013; discontinued thereafter | |||
| CME Globex: | 1 consecutive month | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 558 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||