Your browser is unsupported

Please visit this URL to review a list of supported browsers.

ICE Markets Expiry Calendar

New enhancements to our digital expiry calendar help you easily access important information for the markets you trade.

View now

Heating Oil Crack - NYH ULSHO 1st Line vs Midland WTI American Gulf Coast 1st Line Future (in Bbls)72265908
ICE Futures U.S.

Heating Oil Crack - NYH ULSHO 1st Line vs Midland WTI American Gulf Coast 1st Line Future (in Bbls)

Description

A monthly cash settled future based on the difference between the ICE settlement price for NYH ULSHO 1st Line Future and the ICE settlement price for Midland WTI American Gulf Coast 1st Line Future.

Market Specifications

Trading Screen Product Name
Heating Oil Crack Futures (bbl)
Trading Screen Hub Name
NYH ULSHO 1st Line/Midland WTI 1st Line
Contract Symbol
NYP
Contract Size
1,000 barrels
Unit of Trading
Any multiple of 1,000 barrels
Currency
US Dollars and cents
Trading Price Quotation
One cent ($0.01) per barrel
Settlement Price Quotation
One hundredth of one cent ($0.0001) per barrel
Minimum Price Fluctuation
One hundredth of one cent ($0.0001) per barrel
Last Trading Day
Last Trading Day of the contract month
Final Settlement
In respect of final settlement, the Floating Price will be a price in USD and cents per barrel based on the difference between the average of the settlement prices as made public by ICE for the front month NYH ULSHO Future and the average of the settlement prices as made public by ICE for the front month Midland WTI American Gulf Coast Future for each business day (as specified below) in the determination period.

conversion factor: 1 barrel = 42 gallons
Contract Series
Up to 60 consecutive months, or as otherwise determined by the Exchange
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
Singapore7:50 AM - 6:00 AM
07:50 - 06:00
7:40 AM
07:40

Sunday Pre-Open 5:10 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Am Cracks bbl
Physical
NYP
Logical
NYP
GMI (FC)
O)
Symbol Code
NYP