Biofuel Outright - D5 RINs (OPIS) Balmo Future83045084
ICE Futures U.S.
Biofuel Outright - D5 RINs (OPIS) Balmo Future
Description
A balance of the month cash settled future based on the OPIS daily assessment price for Physically Delivered D5 RINs.
Market Specifications
- Trading Screen Product Name
- Biofuel Futures (balmo)
- Trading Screen Hub Name
- D5 RINs (OPIS)
- Contract Symbol
- ROF
- Contract Size
- 50,000 RINs
- Unit of Trading
- Any multiple of 50,000 RINs
- Currency
- US Dollars and cents
- Trading Price Quotation
- One hundredth of one cent ($0.0001) per RIN
- Settlement Price Quotation
- One hundredth of one cent ($0.0001) per RIN
- Minimum Price Fluctuation
- One hundredth of one cent ($0.0001) per RIN
- Last Trading Day
- Last Trading Day of the contract month
- Final Settlement
- In respect of final settlement, the Floating Price will be a price in USD and cents per RIN based on the average of the mean of the high and low quotations appearing in the “OPIS Ethanol and Biodiesel Information Service” report under the heading " Ethanol & Gasoline Component Spot Market Prices" subheading "U.S. RINs" and "U.S. Advanced Biofuel RINs" for “Current Yr” for each business day (as specified below) in the determination period.
- Contract Series
- Up to 2 consecutive months, or as otherwise determined by the Exchange
- Business Days
- Publication days for OPIS Ethanol and Biodiesel Information Service
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Am Ref gal
- Physical
- ROF
- Logical
- ROF
- GMI (FC)
- ION A.C.N.
- Symbol Code
- ROF