- Trading Screen Product Name
- (RBOB) Gasoline Futures
- Trading Screen Hub Name
- NYH (RBOB) LD
- Contract Symbol
NLD
- Contract Size
1,000 barrels (42,000 gallons)
- Unit of Trading
Any multiple of 1,000 barrels (42,000 gallons)
- 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
Trading shall cease at the end of the designated settlement period
on the US business day of the month preceding the delivery month
where a US business day is a day on which NYMEX is opened for
business
- 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
The ICE RBOB Gasoline Last Day Futures Contract is cash settled
against the prevailing market price for RBOB Gasoline in New York
Harbour. The cash settlement price is an amount equal to the
settlement price of the NYMEX New York Harbor Gasoline Blendstock
(RBOB) Futures Contract
- Contract Series
Up to 50 consecutive months
- Markers
TAS
(Trade at Settlement)
- Final Payment Date
Two Clearing House Business Days following the Last Day in the
determination period.
- Business Days
ICE Business Days
- MIC Code
- IFEU
- Clearing Venues
- ICEU