- Trading Screen Product Name
- Gasoline Futures
- Trading Screen Hub Name
- Argus GC CBOB A
- Contract Symbol
CBC
- Contract Size
1,000 bbls (42,000 gallons)
- Unit of Trading
Any multiple of 1,000 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 mean of the
high and low quotations appearing in the "Argus US Products" report
under the heading “Gasoline” subheading “Gulf
Coast” and “Colonial” for “Reg CBOB
A” prompt cycle for each business day (as specified below) in
the determination period.
- Contract Series
Up to 48 consecutive months, or as otherwise determined by the
Exchange
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day in
the determination period.
- Business Days
Publication days for Argus US Products
- MIC Code
- IFED
- Clearing Venues
- ICEU