NY RBOB (ARGUS) VS. RBOB GASOLINE 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. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT) | ||||
| Minimum Price Fluctuation | $0.0001 per gallon | ||||
| Product Code | CME Globex: NYRCME ClearPort: NYRClearing: NYR | ||||
| Listed Contracts | Monthly contracts listed for the 36 consecutive months. | ||||
| Settlement Method | Financially Settled | ||||
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the mid-point of the high and low quotations from Argus Media for New York RBOB barge gasoline minus the arithmetic average of the RBOB Gasoline futures first nearby contract month settlement price for each business day that both are determined during the contract month. | ||||
| Termination Of Trading | Trading terminates on the last business day of the contract month | ||||
| Position Limits | NYMEX Position Limits | ||||
| Exchange Rulebook | NYMEX 1234 | ||||
| Block Minimum | Block Minimum Thresholds | ||||
| Vendor Codes | Quote Vendor Symbols Listing | ||||
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