ICE Futures U.S.

RBOB Gasoline 1st Line Mini Future

RBOB Gasoline 1st Line Mini Future27066805

Description

A monthly cash settled mini future based on the daily settlement price for RBOB Gasoline Futures.

Market Specifications

Trading Screen Product Name
Gasoline Futures
Trading Screen Hub Name
RBOB 1st Line Mini
Commodity Code
RBM
Contract Size
100 barrels (4,200 gallons)
Unit of Trading
Any multiple of 100 barrels
Currency
US Dollars and cents
Trading Price Quotation
One hundredth of one cent ($0.0001) per gallon
Settlement Price Quotation
One hundredth of one cent ($0.0001) per gallon
Minimum Price Fluctuation
One hundredth of one cent ($0.0001) per gallon
Last Trading Day
Last Trading Day of the contract month
Floating Price
In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
Final Settlement
In respect of final settlement, the Floating Price will be a price in USD and cents per gallon based on the average of the settlement prices as made public by NYMEX for the front month RBOB Gasoline Futures contract for the month of production.
Contract Series
Up to 48 consecutive months
Final Payment Date
Two Clearing House Business Days following the Last Trading Day
Business Days
Publication days for ICE
MIC Code
IFED
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:00 PM*
19:50 - 18:00
7:40 PM
19:40
London12:50 AM - 11:00 PM*
00:50 - 23:00
12:40 AM
00:40
Singapore8:50 AM - 7:00 AM*
08:50 - 07:00
8:40 AM
08:40

*Next Day

Sunday Pre-Open 5:40 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Am Ref bbl
Physical
RBM
Logical
RBM
GMI(FC)
RU
R&N A.C.N.
EH80