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Tokyo Bay 10ppm Gasoil (RIM) Futures Contract Specs

Product Symbol RMS
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 – 2:30 PM. (8:00 AM – 1:30 PM CT)
Contract Unit 50 kiloliters (50,000 liters)
Price Quotation Japanese yen (¥) per kiloliter
Minimum Fluctuation One Japanese yen (¥1) per kiloliter
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations for Fixed Price Gasoil 0.001% Sulfur Tokyo Bay (Keihin/Chiba) as published in the RIM Japan Products Intelligence Daily for each business day during the contract month.
Termination of Trading Trading shall cease on the last Japanese business day of the contract month.
Listed Contracts CME Globex: 1 month
CME ClearPort and Open Outcry: 6 consecutive months
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 1227
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.