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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: NYR
CME ClearPort: NYR
Clearing: 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