CBOT gas at the pump futures

N

nkhoi

if you can predict the gas price, you can trade it.

PRICING QUOTATION:
CFE Gas At The Pump Futures are quoted in terms of cents per gallon. A retail gas price of $2.98 per gallon would equate to a price quotation of 298.00 cents per gallon.

PRICING CONVENTIONS:
The futures prices are stated in decimal format.

MINIMUM PRICE INTERVALS:
0.05 cents per gallon.

DOLLAR VALUE PER TICK:
$5.00 per contract.
 
Volume = zero? Open interest = zero? Hasn't anyone done any "pity trades" or wash-trades yet?? Didn't they pass out a lot of trinkets and souvenirs at the opening bell ringing ceremony?
 
Anyone who has significant gasoline exposure/wants to speculate on gasoline trades NYMEX or OTC. Furthermore, there's no reason any decent trader would want to punt these products.
 
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