- Trading Screen Product Name
- Biofuel Futures (balmo)
- Trading Screen Hub Name
- D3 RINs (OPIS)
- Contract Symbol
ROT
- Contract Size
50,000 RINs
- Unit of Trading
Any multiple of 10,000 RINs
- Currency
US Dollars and cents
- Trading Price Quotation
One hundredth of one cent ($0.0001) per RIN
- Settlement Price Quotation
One hundredth of one cent ($0.0001) per RIN
- Minimum Price Fluctuation
One hundredth of one cent ($0.0001) per RIN
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per RIN based on the average of the mean of the
high and low quotations appearing in the “OPIS Ethanol and
Biodiesel Information Service” report under the heading
"Ethanol & Gasoline Component Spot Market Prices" subheading
"U.S. RINs" and "U.S. Cellulosic RINs" for “Current Yr”
for each business day (as specified below) in the determination
period.
- Contract Series
Up to 2 consecutive months, or as otherwise determined by the
Exchange
- Business Days
Publication days for OPIS Ethanol and Biodiesel Information Service
- MIC Code
- IFED
- Clearing Venues
- ICEU