- Trading Screen Product Name
- Diesel Futures
- Trading Screen Hub Name
- Daily Gulf Coast ULSD (Platts)
- Contract Symbol
DOD
- Contract Size
1,000 barrels (42,000 gallons)
- 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
Second Business Day after the nominal contract date.
- 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
A price in USD and cents per gallon based on the “Mid”
quotations appearing in the “Platts US Marketscan”
under the heading “Gulf Coast” subheading
“Houston” and “Prompt Pipeline” for
“Ultra low sulfur diesel” for each business day (as
specified below)
- Contract Series
Up to 130 consecutive business days, or as otherwise determined by
the Exchange,
- 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