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IntercontinentalExchange (NYSE: ICE), a leading operator of global markets and clearing houses, reported record daily volume in the ICE NYH RBOB Gasoline futures contract. ICE NYH RBOB Gasoline futures traded 29,559 contracts on Feb. 7. The new record is more than 10,000 above the previous daily record of 18,832 contracts on June 26, 2012.
Additionally, ICE Brent Crude futures and ICE WTI Crude options both set open interest records on Feb. 7 of 1,535,748 and 737,719 contracts respectively.
ICE NYH RBOB Gasoline futures trade 22 hours a day, from 8 p.m. through 6 p.m. Eastern time the next day, and from 1 a.m. through 11 p.m. London time. The contract is sized at 42,000 gallons and priced in U.S. dollars and cents per gallon. It trades for 12 consecutive months at a time and is based on Reformulated Gasoline Blendstock for Oxygenate Blending for delivery in New York Harbor.
