Diesel Diff - Gulf Coast ULSD vs Heating Oil 1st Line Future6753391
ICE Futures U.S.
Diesel Diff - Gulf Coast ULSD vs Heating Oil 1st Line Future
Description
A monthly cash settled future based on the difference between the Platts daily assessment price for Gulf Coast ULSD and the ICE daily settlement price for Heating Oil 1st Line Future.
Market Specifications
- Trading Screen Product Name
- Diesel Diff Futures
- Trading Screen Hub Name
- USGC ULSD/HO 1st Line
- Contract Symbol
- GOH
- Contract Size
- 42,000 gallons
- Unit of Trading
- Any multiple of 42,000 gallons
- 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 high and low quotations as appearing in the “Platts US Marketscan” under the heading “Gulf Coast” subheading “Distillates and blendstocks” and “Pipeline” for “Ultra low sulfur diesel” and the average of the mean of the high and low settlement prices as made public by ICE for the Heating Oil 1st Line Swap Future for each business day (as specified below) in the determination period.
- Contract Series
- Up to 48 consecutive months
- Final Payment Date
- Two Clearing House Business Days following the Last Trading Day
- Business Days
- Publication days for Platts US Marketscan
- MIC Code
- IFED
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:00 PM* 19:50 - 18:00 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:00 PM 00:50 - 23:00 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:00 AM* 08:50 - 07:00 | 8:40 AM 08:40 |
*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Am Ref Diff bbl
- Physical
- GOH
- Logical
- GOH
- GMI (FC)
- K5
- ION A.C.N.
- Symbol Code
- GOH