ICE Europe: N / UHU NYH (RBOB) Gasoline Futures prices chart

NYH (RBOB) Gasoline Futures (ICE Futures Europe: N / UHU) Contract Specifications
ICE = Intercontinental Exchange, Inc.

The ICE RBOB Gasoline Futures Contract is cash settled, and designed to appeal to both physical and financial traders. In addition offsetting of margins with other ICE Futures Oil Contracts ensures that a Member's collateral is used effectively when trading ICE Futures Oil Contracts.

Trading Screen Product Name: (RBOB) Gasoline Futures
Trading Screen Hub Name: NYH (RBOB)

Product Code:
(1) Contract Symbol: N / UHU, MIC Code: IFEU, Clearing Venues: ICEU
(2) Clearing Admin Name: ICE RBOBGas, Physical: N, Logical: UHU, Symbol Code: UHU

Unit of Trading: 1,000 barrels (42,000 gallons)
Currency: US Dollars and cents
Minimum Price Fluctuation: One hundredth of a cent ($0.0001) per gallon
Contract Series: Up to 50 consecutive months.

Clearing: The Clearing House guarantees financial performance of all ICE Futures contracts registered with it by its clearing members. All ICE Futures Member companies are either members of the Clearing House or have a clearing agreement with a Member who is a member of the Clearing House.

Position Limit: The Exchange may impose position accountability levels or limits on positions in this contract at its discretion as provided in Rules P8 and P3 respectively. Current position accountability levels: In any one month: 5,000 net futures, all months: 7,000 net futures. Current position limits: 1000 lots during the last 3 trading days of the expiring month. Exemptions from position limits may be granted at Exchange discretion for bona fide hedge positions.

Last Trading Day: Trading shall cease at the end of the designated settlement period on the penultimate US business day of the month preceding the delivery month where US business day is a day on which NYMEX is opened for business.

Settlement: The RBOB Gasoline Futures Contract is cash settled against the prevailing market price for RBOB Gasoline in New York Harbour. The cash settlement price is an amount equal to the settlement price on the penultimate day of trading of the NYMEX New York Harbor Gasoline Blendstock (RBOB) Futures Contract

NCR, RL and IPL Levels: NCR: 0.02; RL: 0.04; IPL: 0.06, 3 second recalculation and 5 second hold periods.

Trading Hours:
New York 20:00 - 18:00 (Pre open: 19:45)
London 00:00 - 22:00 (Pre open: 23:45)
Singapore 08:00 - 06:00 (Pre open: 07:45)