Asset Class Navigation

Group Three ULSD (Platts) vs. NY Harbor ULSD Futures Contract Specs

Product Symbol CME Globex: AA6
CME ClearPort: A6
Open Outcry: A6
Venue CME Globex, CME ClearPort, Open Outcry (New York)
Hours
(All Times are New York Time/ET)
CME Globex:  Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m.CT) Trade is Flow per day.
CME ClearPort: Sunday – Friday 6:00 p.m. – 5:15 p.m. (5:00 p.m. – 4:15 p.m. Chicago Time/CT) with a 45-minute break each day beginning at 5:15 p.m. (4:15 p.m. CT) Trade is Flow per day or Flow per month.
Open Outcry: Monday – Friday 9:00 a.m. – 2:30 p.m. (8:00 a.m. – 1:30 p.m. CT)
Contract Unit 42,000 U.S. gallons
Price Quotation U.S. dollars and cents per gallon
Minimum Fluctuation $0.0001 per gallon
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the Platts Group Three ULSD mean minus the NY Harbor ULSD first nearby contract month settlement price for each business day that both prices are determined during the contract month. For purposes of determining the Floating Price, the Platts Group Three ULSD mean will be rounded each day to the nearest thousandth of a cent.
Termination of Trading Trading shall cease on the last business day of the contract month.
Listed Contracts current year + the next 2 years
Settlement Type Financial
Position Limits NYMEX Position Limits
Rulebook Chapter 325
Exchange Rule These contracts are listed with, and subject to, the rules and regulations of NYMEX.