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Contract Detail
Description
Specifications
Margins
Termination Schedule
 
Trading Unit
42,000 gallons.
Price Quotation
Prices are quoted in U.S. dollars and cents per gallon.
Minimum Price Fluctuation
$0.0001 per gallon.
Trading Hours (All times are New York time)
The contract is available for trading on the CME Globex® trading platform from 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM. Off-Exchange transactions can be submitted solely for clearing to the NYMEX ClearPort® clearing website as an exchange of futures for swaps (EFS) or exchange of futures for physicals (EFP) transaction until 5:15 PM, Monday through Friday, and the day preceding a holiday.
Trading Months
36 consecutive months.
Termination of Trading
Trading ceases on the last business day prior to the contract month.
Settlement Type
Physical
Trading Symbol
QE
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