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Daily Gasoline Euro-bob Oxy NWE Barges (Argus) Futures Contract Specs

Contract Unit 100 metric tons
Price Quotation U.S. dollars and cents per metric ton
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT)
Minimum Price Fluctuation 0.001 per metric ton = $0.10
Product Code CME Globex: GBR
CME ClearPort: GBR
Clearing: GBR
Listed Contracts Daily contracts listed for ?2 consecutive months?
Settlement Method Financially Settled
Floating Price The Floating Price for each contract is equal to the daily mid-point between the high and low quotations from Argus Media for Gasoline Euro-bob Oxy NWE Barges for each business day that it is determined.
Termination Of Trading Trading terminates at the close of business on the contract day.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 238
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing