Electronic trading hours of access system: 15: 15-9: 30 (Monday to Thursday) and 19: 00-9: 30 (Sunday).
B. Contract unit: 42,000 US gallons (65,438+0,000 US barrels).
C. Contract month: 12 consecutive months. Gasoline can be delivered throughout the year, and there are restrictions on positions. The price location is usually a place where futures sellers can easily deliver.
D. quotation method: USD and US cents per barrel.
E. lowest price fluctuation: 0.0 1 cent per gallon.
F minimum contract change: USD 4.20 per contract.
G daily price limit: all monthly contracts are initially limited to $0.25/gallon, but if any contract is traded on the price limit board and the bid reaches 5 minutes, it will be closed for 5 minutes. After that, the price limit was increased by $0.25/gallon. If the same situation occurs again, the price limit will be increased by 0.25 USD/gallon after 5 minutes of suspension.
H delivery cycle: from the fifth working day of the delivery month to the last working day of the month.
1. ADP: After the contract transaction is suspended in the current delivery month, the buyer and the seller can make delivery on delivery terms different from those stipulated in the contract through negotiation. After both parties submit a notice to the Exchange to inform their intention, they can make delivery according to the negotiation results.
J. Futures-to-spot (EFP): Buyers and sellers can apply to the Exchange for exchanging their futures and spot positions, and the Exchange will assist in establishing or clearing its future positions after receiving the application.
K Last trading day: the last working day of the month before the delivery month.
Length delivery method: physical delivery.
Meter (abbreviation of meter)) position limit: for contracts that expire in different months of the current transaction, the total positions in each month and the positions in a single month shall not exceed 7000 net futures positions; For the contract in the current delivery month, the positions in the last three trading days shall not exceed 65,438+0,000 net future positions.