D4 Biodiesel RINs (OPIS) Previous Year 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: PR4 CME ClearPort: PR4 Clearing: PR4 |
| Listed Contracts | Monthly contracts listed for 18 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 U.S. Biodiesel RINs - Previous Year 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 1293 |
| Block Minimum | |
| Vendor Codes |
