D3 Cellulosic RINs (OPIS) Futures - Contract Specs
| Contract Unit | 50,000 RIN |
|---|---|
| Price Quotation | U.S. dollars and cents per RIN |
| Trading Hours | CME Globex: Sunday - Friday 5:00 p.m. - 4:00 p.m. with a 60-minute break each day beginning at 4:00 p.m. CME ClearPort: Sunday 5:00 p.m. - Friday 4:00 p.m. CT with no reporting Monday - Thursday from 4:00 p.m. – 5:00 p.m. CT |
| Minimum Price Fluctuation | 0.0001 per RIN = $5.00 |
| Product Code | CME Globex: RN3 CME ClearPort: RN3 Clearing: RN3 |
| Listed Contracts | Monthly contracts listed for 36 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the high and low quotations from OPIS for current year “U.S. Cellulosic RINs” for each business day that it is determined during the contract month. |
| Termination of Trading | Trading terminates on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | NYMEX 1307 |
| Block Minimum | |
| Vendor Codes |
