Biofuel Outright - Argus US B99 NYH Future

ICE Futures U.S.

A monthly cash settled future based on the Argus daily assessment price for US B99 NYH.

Trading Screen Product Name: Biofuel Futures
Trading Screen Hub Name: Argus US B99 NYH
Contract Symbol: BFD
Contract Size: 1,000 bbls (42,000 gallons)
Unit of Trading: Any multiple of 1,000 bbls
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 mean of the “Low-high price” quotations appearing in the "Argus Americas Biofuels" report under the heading “Biodiesel” subheading “US B99” for “ NYH c/USG” for each business day (as specified below) in the determination period.
Contract Series: Up to 48 consecutive months, or as otherwise determined by the Exchange
Final Payment Date: Two Clearing House Business Days following the Last Trading Day in the determination period.
Business Days: Publication days for Argus Americas Biofuels
MIC Code: IFED
Clearing Venues: ICEU

*Next Day

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

Your browser is unsupported