Group Three Sub-octane Gasoline (Platts) Futures - Contract Specs
Contract Unit | 42,000 gallons |
---|---|
Price Quotation | U.S. dollars and cents per gallon. |
Trading Hours | CME Globex: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) CME ClearPort: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. Chicago Time/CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT) |
Minimum Price Fluctuation | $0.0001 per gallon |
Product Code | CME Globex: AA9 CME ClearPort: A9 Clearing: A9 |
Listed Contracts | 36 consecutive months |
Settlement Method | Financially Settled |
Floating Price | The Floating Price for each contract month is equal to the arithmetic average of the Platts Group Three Sub-octane gasoline mean for each business day that the Floating Price is determined during the contract month. |
Termination of Trading | Trading shall cease on the last business day of the contract month. |
Position Limits | |
Exchange Rulebook | |
Block Minimum | |
Vendor Codes |