[Trading] CME NYMEX:RB RBOB Gasoline Futures
RBOB Gasoline Futures (CME NYMEX: RB) : NYMEX stands for "New York Mercantile Exchange". RBOB stands for "Reformulated Gasoline Blendstock for Oxygen Blending" and is simply the term used for unleaded gas futures. Product Code : CME Globex: RB. Contract Unit : 42,000 gallons. Price Quotation : U.S. dollars and cents per gallon (1 US liquid gallon = 3.78541 liter). Minimum Price Fluctuation : 0.0001 per gallon = $4.20. Settlement Method : Deliverable. Termination Of Trading : Trading terminates on the last business day of the month prior to the contract month. Listed Contracts : Monthly contracts listed for the current year and the next 3 calendar years and 1 additional contract month. List monthly contracts for a new calendar year and 1 additional contract month following the termination of trading in the December contract of the current year. Trading Hours : Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT).