Gulf Coast CBOB Gasoline A2 (Platts) vs. RBOB Gasoline
Futures
Gulf Coast CBOB Gasoline A2 (Platts) vs. RBOB Gasoline Futures - Contract Specs
| Contract Unit | 42,000 gallons |
|---|---|
| Price Quotation | U.S. dollars and cents per gallon |
| Trading Hours | CME Globex: Sunday 5:00 p.m. - Friday - 4:00 p.m. CT with a daily maintenance period from 4:00 p.m. - 5:00 p.m. CT 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 gallon = $4.20 |
| Product Code | CME Globex: CRB CME ClearPort: CRB Clearing: CRB |
| 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 Platts Oilgram Price Report for 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 for each business day that both are 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 |
