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ICE Futures U.S.

Heating Oil Outright - Heating Oil 1st Line Balmo Future

Description

A balance of month cash settled future based on the daily settlement price for NYMEX NY Harbor ULSD Futures.

Market Specifications

Trading Screen Product Name
Heating Oil Futures (balmo)
Trading Screen Hub Name
HO 1st Line
Contract Symbol
DDF
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 average of the settlement prices as made public by NYMEX for the front month New York Harbor ULSD Future for each business day (as specified below) in the determination period.
Contract Series
Up to 2 consecutive months
Final Payment Date
Two Clearing House Business Days following the Last Trading Day
Business Days
Publication days for NYMEX
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

*Next Day

Sunday Pre-Open: 17:40, Open: 17:50

Codes

Clearing Admin Name
Am Ref bbl
Physical
DDF
Logical
DDF
GMI (FC)
RF
ION A.C.N.
Symbol Code
DDF