Description
Heating Oil Bullet Futures futures are an outright heating oil contract between a buyer and a seller.
Learn More...
| Heating Oil Bullet Futures | |||||
|---|---|---|---|---|---|
| Product Symbol | CME Globex: ABH CME ClearPort: BH Open Outcry: BH |
||||
| 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 gallons | ||||
| Price Quotation | U.S. dollars and cents per gallon. | ||||
| Minimum Fluctuation | $0.0001 per gallon | ||||
| Floating Price | The Floating Price is equal to the NYMEX New York Harbor Heating Oil Futures first nearby contract settlement price on the penultimate trading day for the delivery month. | ||||
| Termination of Trading | Trading shall cease one business day prior to the termination date of the NYMEX New York Harbor Heating Oil Futures Contract for the delivery month. | ||||
| Listed Contracts | CME ClearPort and Open Outcry: | Current Year + 3 Years | |||
| CME Globex: | 12 consecutive months | ||||
| Settlement Type | Financial | ||||
| Position Limits | NYMEX Position Limits | ||||
| Rulebook Chapter | 825 | ||||
| Exchange Rule | These contracts are listed with, and subject to, the rules and regulations of NYMEX. | ||||