Jet Fuel Diff - Gulf Coast Jet Fuel vs Heating Oil 1st Line Future6753403
ICE Futures U.S.
Jet Fuel Diff - Gulf Coast Jet Fuel 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 Jet 54 Pipeline and the ICE daily settlement price for Heating Oil 1st Line Future.
Market Specifications
- 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
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
- JHO
- Logical
- JHO
- GMI (FC)
- U)
- ION A.C.N.
- Symbol Code
- JHO