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RBOB Gasoline Bullet 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: RT
CME ClearPort: RT
Clearing: RT
Listed Contracts Monthly contracts listed for 36 consecutive months
Settlement Method Financially Settled
Floating Price The Floating Price is equal to the RBOB Gasoline Futures 1st nearby contract settlement price on the penultimate trading day for the delivery month.
Termination Of Trading Trading terminates 2 business day prior to the contract month.
Settlement Procedures RBOB Gasoline Bullet Futures Settlement Procedures
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 555
Block Minimum Block Minimum Thresholds
Price Limit Or Circuit Trading halts and price limits for this contract are subject to the provisions governing Special Price Fluctuation Limits for NYMEX New York Harbor Gasoline (RBOB) Futures contract set forth in Chapter 191.
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