- Trading Screen Product Name
- Gasoline Diff Futures
- Trading Screen Hub Name
- RBOB 1st Line/Argus Eurobob Oxy FOB Rdam Bg
- Contract Symbol
GDO
- Contract Size
1,000 metric tonnes (349,860 gallons)
- Unit of Trading
Any multiple of 1,000 metric tonnes
- Currency
US Dollars and cents
- Trading Price Quotation
One hundredth of one cent (¢0.01) per gallon
- Settlement Price Quotation
One thousandth of one cent (¢0.001) per gallon
- Minimum Price Fluctuation
One thousandth of one cent (¢0.001) 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 difference between the
average of the settlement prices as made public by the ICE for the
RBOB Gasoline 1st Line Future and the average of the mean of the
high and low quotations appearing in the “Argus European
Products Report” under the heading “Northwest Europe
light products” subheading “barge” for
“Eurobob oxy” for each business day (as specified
below) in the determination period.
conversion factor: 1 metric tonne = 349.86 gallons.
- Contract Series
Up to 48 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Argus European Products Report
- MIC Code
- IFED
- Clearing Venues
- ICEU