This article is about miNY Gasoline Futures. For for natural gas, see the article on MiNY Natural Gas Futures.
MiNY Gasoline futures are traded on the New York Mercantile Exchange under ticker symbol QU in U.S. cents per gallon.[1]
The chart at left shows Front Month MiNY Gasoline futures prices on the New York Mercantile Exchange (NYMEX) in cents per gallon.
Delivery Dates
MiNY Gasoline futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November and December (all months).[1]
The following is a table with MiNY Gasoline futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
| Delivery Month
| Full Ticker Symbol
| Thomson-Reuters Symbol
|
| January, 2009 | QUF9 | QU/F9-NM
|
| February, 2009 | QUG9 | QU/G9-NM
|
| March, 2009 | QUH9 | QU/H9-NM
|
| April, 2009 | QUJ9 | QU/J9-NM
|
| May, 2009 | QUK9 | QU/K9-NM
|
| June, 2009 | QUM9 | QU/M9-NM
|
| July, 2009 | QUN9 | QU/N9-NM
|
| August, 2009 | QUQ9 | QU/Q9-NM
|
| September, 2009 | QUU9 | QU/U9-NM
|
| October, 2009 | QUV9 | QU/V9-NM
|
| November, 2009 | QUX9 | QU/X9-NM
|
| December, 2009 | QUZ9 | QU/Z9-NM
|
Contract Specifications
Contract Size
One MiNY Gasoline futures contract on the New York Mercantile Exchange is 21,000 gallons.[1]
Tick Value
$0.001 (0.1¢) per gallon ($21.00 per contract).[1]
Daily Price Limit
None.[1]
Trading Hours
- On the CME Globex electronic platform: 6:00 PM Sundays through 5:15 PM Fridays, with a 45-minute break each day between 5:15 PM and 6:00 PM, New York Time.[1]
Last Trading Day
Trading terminates at the close of business on the second-to-last business day of the month prior to the contract month.[1]
Deliverable Grades
Generally conforms to industry standards for reformulated regular gasoline blendstock for oxygen blending (RBOB) with 10% denatured fuel ethanol (92% purity) as listed by the Colonial Pipeline for fungible F grade for sales in New York and New Jersey. RBOB is a wholesale non-oxygentated blendstock traded in the New York Harbor barge market that is ready for the addition of 10% ethanol at the truck rack.[1]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 The New York Mercantile Exchange's contract specification for MiNY Gasoline futures