0.08
-4.167
-0.004
RBOB Spread
The RBOB Gasoline time spread Contract is used by traders to manage or profit from price changes in Gasoline across two different delivery months. It appeals to energy producers, refiners, and financial investors for hedging risks or speculating on the price changes over time.
Contract Details
Contract for Difference
Spread Bet
A CFD is a financial derivative that allows traders to speculate on the price movement of an asset without owning it. The trader enters into a contract with a broker, agreeing to exchange the difference in the asset's price from the time the contract is opened to when it is closed.
Name & Trade Code
| Contract Name | RBOB Spread (4200gal-$/gal) |
| MT5 Trader Code | RBOB_Sprd |
| Contract Classification | Dated Commodity Time-Spread CFD |
| Geographical Region | N. America |
Contract Specification
| Sector | Energy |
| Product Group | Gasoline |
| Tenor Period | Consecutive individual whole calendar months, e.g. April 26 (Apr 26) |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 4200 |
| Contract Unit | gal |
| Price Digits | 4 |
| Currency | USD |
| Value of Tick | 42 per 0.01 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 29 May 2026 for May 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 22 May 2026 for May 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 8:00am - 5:30pm (UK Time) |
| Quoting Hours | 8:00am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Dated: Priced by the settlement value as defined by the exchange traded underlying contract. |
A spread bet is a form of wagering on the price movement of an asset, where the trader bets on whether the price will rise or fall. The profit or loss is determined by the difference between the opening and closing prices.
Name & Trade Code
| Contract Name | RBOB Spread ($/0.01) |
| MT5 Trader Code | RBOB_Sprd.s |
| Contract Classification | Dated Commodity Time-Spread SB |
| Geographical Region | N. America |
Contract Specification
| Sector | Energy |
| Product Group | Gasoline |
| Tenor Period | Consecutive individual whole calendar months, e.g. April 26 (Apr 26) |
| Maximum Forward Tenor | Up to 18 consecutive forward Tenor Periods available |
| Contract Size | 10000 |
| Contract Unit | |
| Price Digits | 4 |
| Currency | USD |
| Value of Tick | 100 per 0.01 |
| Margins | Download a summary or detailed document with tiers. |
Expiry Trading Overview
| Contract Expiry Date | The last trading day of the expiring Tenor Period (i.e. 29 May 2026 for May 26 Tenor Period) |
| Last Trading Day (for new open positions) | Five working days prior to the Contract Expiry Date for the Tenor Period (i.e. 22 May 2026 for May 26 Tenor Period) |
| Last Trading Day (for closing position in that Tenor Period) | The Contract Expiry Date of the relevant Tenor Period |
| Trading Hours | 8:00am - 5:30pm (UK Time) |
| Quoting Hours | 8:00am - 6:00pm (UK Time) |
Tenor Period Settlement Valuation Process
| Settlement | Dated: Priced by the settlement value as defined by the exchange traded underlying contract. |
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