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Gulf Coast ULSD (Platts) Futures Contract Specs

    Effective Sunday, 5 June 2016 for trade date Monday, 6 June 2016, and pending all relevant regulatory review periods, please be advised that NYMEX will launch Gulf Coast ULSD (S&P Global Platts) Average Price Options.

Contract Unit 42,000 gallons
Price Quotation U.S. dollars and cents per gallon.
Trading Hours Sunday - Friday 6:00 p.m. - 5:00 p.m. ET (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. ET (4:00 p.m. CT)
Minimum Price Fluctuation $0.0001 per gallon
Product Code CME Globex: ALY
CME ClearPort: LY
Clearing: LY
Listed Contracts Monthly contracts listed for the current year and the next 3 calendar years.  Monthly contracts for a new calendar year will be added following the termination of trading in the December contract of the current year.
Settlement Method Financially Settled
Floating Price The Floating Price for each contract month is equal to the arithmetic average of the Platts U.S. Gulf Coast ULSD (pipeline) mean for each business day that it is determined during the contract month.
Termination Of Trading Trading terminateson the last business day of the contract month.
Position Limits NYMEX Position Limits
Exchange Rulebook NYMEX 738
Block Minimum Block Minimum Thresholds
Vendor Codes Quote Vendor Symbols Listing