ICE Futures U.S.

Heating Oil Outright - NYH ULSHO 1st Line Future

Heating Oil Outright - NYH ULSHO 1st Line Future72265862

Description

A monthly cash settled future based on the daily settlement price for ICE NY ULSHO Futures.

Market Specifications

Trading Screen Product Name
Heating Oil Futures
Trading Screen Hub Name
NYH ULSHO 1st Line
Commodity Code
NYF
Contract Size
1,000 barrels (42,000 gallons)
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 average of the settlement prices as made public by ICE for the front month NYH ULSHO Future for the month of production.
Contract Series
Up to 62 consecutive months
Final Payment Date
Two Clearing House Business Days following the Last Trading Day
Business Days
ICE Business Days
MIC Code
IFED
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:00 PM
19:50 - 18:00
7:40 PM
19:40
London12:50 AM - 11:00 PM
00:50 - 23:00
12:40 AM
00:40
Singapore8:50 AM - 7:00 AM
08:50 - 07:00
8:40 AM
08:40

Sunday Pre-Open 5:40 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Am Ref bbl
Physical
NYF
Logical
NYF
GMI(FC)
R&N A.C.N.