- Trading Screen Product Name
- Diesel Futures (balmo)
- Trading Screen Hub Name
- Gulf Coast ULSD (Platts)
- Contract Symbol
DOU
- 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
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
A price in USD and cents per gallon based on the average of 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) in the contract month.
- Contract Series
Up to 2 consecutive months, 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