 |
|
|
| Trading Unit |
|
| 42,000 U.S. gallons (1,000 barrels) |
|
| Price Quotation |
|
| U.S. dollars and cents per gallon |
|
| Minimum Price Fluctuation |
|
| $0.0001 (0.01¢) per gallon. |
|
| Trading Hours (All times are New York time) |
|
Open outcry trading is conducted from 9:00 AM until 2:30 PM.
Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website from 6:00 PM Sundays until 5:15 PM Fridays, with a 45 minute break between 5:15 and 6:00 PM Mondays through Thursdays. |
|
| Trading Months |
|
| 36 consecutive months. |
|
| Trading at Settlement (TAS) |
|
| Trading at settlement is available for the front two months and is subject to the existing TAS rules of the underlying respective physical products. Trading in all TAS products will cease daily at 2:30 PM Eastern Time. The TAS products will trade off of a "Base Price" of 100 to create a differential (plus or minus) in points off settlement in the underlying cleared product on a 1 to 1 basis. A trade done at the Base Price of 100 will correspond to a "traditional" TAS trade which will clear exactly at the final settlement price of the day. |
|
| Crack Spreads and Product Spreads |
|
| The 'same month' crack spreads listed will be RT:WS. The 'same month' product spreads listed will be RT:BH |
|
| Termination of Trading |
|
| Trading terminates at the close of business one business day prior to the last business day of the month preceding the contract month. |
|
| Settlement Type |
|
| Financial, based on the NYMEX gasoline blendstock RBOB futures first nearby contract settlement price on the penultimate trading day for the delivery month. |
|
| Error Trade Policy |
|
| CME error trade policy will be in effect. |
|
| Trading Symbol |
|
RT
RTT (Tas Code) |
|