CONTRACT SPECIFICATION
Traded Commodity | RBOB Gasoline |
Commodity Code | RBE |
Contract Size | 42,000 gallons / lot |
Quotation Unit | USD / gallon |
Trading Hours (GMT+7) | Monday – Friday: 05:00 - 04:00 (the next day) |
Price Increment | 0.0001 USD / gallon |
Expiration Months | Consecutive months in the current year and the next 3 years, plus 1 additional month in the 4th year. Contracts for a new calendar year and 1 additional month will be listed after the December contract of the current year expires. |
First Notice Day | As regulated by MXV |
Last Trading Day | The last business day of the month preceding the expiration month |
Margin | As regulated by MXV |
Position Limits | As regulated by MXV |
Price Fluctuation Limit | As regulated by MXV |
Payment Method | No physical delivery |
Quality Standards | Standards are detailed below |
Quality Standards
According to the regulations for RBOB Gasoline products traded on the NYMEX.