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Gulf Coast CBOB Gasoline A2 (Platts) vs. RBOB Gasoline BALMO Futures Contract Specs

Contract Unit 42,000 gallons
Price Quotation U.S. dollars and cents per gallon
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 0.0001 per gallon = $4.20
Product Code CME Globex: BCR
CME ClearPort: BCR
Clearing: BCR
Listed Contracts Monthly BALMO contracts listed for 3 consecutive months
Settlement Method Financially Settled
Floating Price U.S. Gulf Coast CBOB 87 gasoline (Colonial A grade: lowest RVP posted except A1 and A0) pipeline using the Supplemental 9.0 RVP Summer assessment minus the RBOB Gasoline Futures first nearby contract month settlement price
Termination Of Trading Trading terminates on the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 1321
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing