Description

The ICE Heating Oil Futures TAS (Trade-at-Settlement) allows a trader to enter an order to buy or sell an eligible ICE Heating Oil Futures contract during the course of the trading day at a price that will be equal to the settlement price for a specific contract month, or at a price that is up to ten minimum price fluctuations above or below the settlement price.

Market Specifications

Trading Screen Product Name

Heating Oil TAS

Trading Screen Hub Name

NYH

Contract Size

1,000 barrels (42,000 gallons)

Unit of Trading

Any multiple of 1,000 barrels (42,000 gallons)

Currency

US Dollars and cents

Contract Series

Front three months of Heating Oil Futures

Minimum Price Fluctuation

One hundredth of one cent ($0.0001) per gallon

Expiration Date

Trading shall cease at the end of the designated settlement period on the penultimate US business day of the month preceding the delivery month where US business day is a day on which NYMEX is opened for business.

MIC Code

IFEU

Clearing Venues

ICEU