Gulf Coast CBOB Gasoline A2 (Platts) vs. RBOB Gasoline BALMO
Futures
Gulf Coast CBOB Gasoline A2 (Platts) vs. RBOB Gasoline BALMO Futures - Contract Specs
| Contract Unit | 42,000 gallons |
|---|---|
| Price Quotation | U.S. dollars and cents per gallon |
| Trading Hours | Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. 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 = $4.20 |
| Product Code | CME Globex: BCR CME ClearPort: BCR Clearing: BCR |
| Listed Contracts | Monthly BALMO contracts listed for 3 consecutive months |
| Settlement Method | Financially Settled |
| Floating Price | U.S. Gulf Coast CBOB 87 gasoline (Colonial A grade: lowest RVP posted except A1 and A0) pipeline using the Supplemental 9.0 RVP Summer assessment minus the RBOB Gasoline Futures first nearby contract month settlement price |
| Termination of Trading | Trading terminates on the last business day of the contract month. |
| Position Limits | |
| Exchange Rulebook | |
| Block Minimum | |
| Vendor Codes |
