CME NYMEX:HO NY Harbor ULSD (Heating Oil) Futures [SERIES]
NY Harbor ULSD (Heating Oil) Futures (CME NYMEX: HO) : Heating Oil is liquid petroleum product used as a fuel oil for furnaces or boilers in home and buildings. Most heating oil are chemically very similar to diesel fuel used as motor fuel. In many markets heating oil and on-road diesel fuels are the same product. Product Code: CME Globex: HO. Contract Unit: 42,000 gallons. Price Quotation: U.S. dollars and cents per gallon (1 US liquid gallon = 3.78541 liter). Minimum Price Fluctuation: 0.0001 per gallon = $4.20. Settlement Method: Deliverable. Termination Of Trading: Trading terminates on the last business day of the month prior to the contract month. Listed Contracts: Monthly contracts listed for the current year and the next 3 calendar years and 1 additional month. List monthly contracts for a new calendar year and 1 additional month following the termination of trading in the December contract of the current year. Trading Hours: Sunday - Friday 6:00 p.m. - 5:00 p.m. (5:00 p.m. - 4:00 p.m. CT) with a 60-minute break each day beginning at 5:00 p.m. (4:00 p.m. CT).