- Trading Screen Product Name
- Gasoline Futures
- Trading Screen Hub Name
- USGC RBOB (Platts)
- Contract Symbol
GRF
- 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
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
“Mid” quotations appearing in “Platts US
Marketscan” under the heading “Gulf Coast”
subheading “Houston” and “Prompt Pipeline”
for “RBOB 83.7” 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
- Business Days
Publication days for Platts US Marketscan
- MIC Code
- IFED
- Clearing Venues
- ICEU