- Trading Screen Product Name
- Jet Fuel Diff Futures
- Trading Screen Hub Name
- Jet USGC/HO 1st Line
- Contract Symbol
JHO
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One hundredth of one cent ($0.0001) per gallon
- Settlement Price Quotation
One hundredth of one cent ($0.0001) per gallon
- Minimum Price Fluctuation
One hundredth of one cent ($0.0001) per gallon
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
- Final Settlement
In respect of final settlement, the Floating Price will be a price in USD and cents per gallon based on the difference between the average of the mean of the high and low quotations appearing in the "Platts US Marketscan" under the heading "Gulf Coast" subheading "Distillates and blendstocks" and "Pipeline" for "Jet 54" and the average of the settlement prices as made public by ICE for the Heating Oil 1st Line Swap Future for each Business Day in the determination period.
- Contract Series
Up to 60 consecutive months
- Final Payment Date
One Business Day following the Last Trading Day
- Business Days
US Business Days
- MIC Code
- IFED
- Clearing Venues
- ICEU