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Trading Unit
21,000 gallons.
Price Quotation
U.S. cents per gallon.
Trading Hours (All times are New York time)
The contract is available for trading on the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Trading Months
Three consecutive months.
Minimum Price Fluctuation
$0.001 (0.1¢) per gallon ($21.00 per contract).
Maximum Transaction Size
999 contracts.
Last Trading Day
Trading terminates at the close of business on the second-to-last business day of the month prior to 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.
Margin Requirements
Margins are required for open futures positions.
Error Trade Policy
CME Error Trade Policy will be in effect.
Trading Symbol
QU

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