D6 Ethanol RINs (OPIS) Futures - Contract Specs
Contract Unit | 50,000 RIN |
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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: RN6 CME ClearPort: RN6 Clearing: RN6 |
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 U.S. Ethanol RINs - Current 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 | |
Block Minimum | |
Vendor Codes |