What Are RBOB Gasoline Futures?
RBOB Gasoline Futures (RB) provide traders with exposure to the reformulated blendstock for oxygenate blending (RBOB) gasoline market. These contracts are widely used by traders, refiners, and distributors to hedge price risk or speculate on changes in gasoline prices. The RB contract is closely tied to the price of crude oil and other energy markets.
Contract Size
- Contract Size: 42,000 gallons of RBOB gasoline.
Trading Hours
The RBOB Gasoline Futures contract trades nearly 24 hours a day, five days a week, providing consistent access to the global energy markets.
- Trading Hours: Sunday to Friday, 5:00 PM to 4:00 PM CT (with a 1-hour daily trading halt from 4:00 PM to 5:00 PM CT).
- Time Zone: Central Time (CT).
Tick Value and Increment
- Tick Size: $0.0001 per gallon.
- Tick Value: $4.20 per tick.
- Minimum Price Fluctuation: $0.0001 per gallon.
This makes RBOB Gasoline Futures an excellent choice for traders seeking exposure to the gasoline market with high liquidity and leverage.
Trading Symbol
- Platform Symbol: RB
Margins
To trade RBOB Gasoline Futures, you’ll need to meet specific margin requirements. Check out Ironbeam’s Margins Page for the latest margin rates and details.
Why Trade RBOB Gasoline Futures?
- Liquidity: High trading volume ensures tight spreads and efficient execution.
- Accessibility: Leverage allows traders to control large positions with less capital.
- Global Influence: Gasoline prices are closely tied to crude oil and demand trends, providing opportunities for macro trading strategies.
- Hedging Opportunities: Widely used by refiners, distributors, and retailers to hedge against price volatility.
- Diversification: Add exposure to the gasoline market to complement other energy or equity investments.
Start Trading RB with Ironbeam
Ironbeam provides a robust trading platform and API to help you access RBOB Gasoline Futures with ease. Trade confidently with free real-time Level 2 market data and personal broker support.
DISCLAIMER: There is a substantial risk of loss in trading commodity futures and options products. Losses in excess of your initial investment may occur. Past performance is not necessarily indicative of future results. Please contact your account representative with concerns or questions.