- Trading Screen Product Name
- Diesel Diff Futures
- Trading Screen Hub Name
- USGC ULSD/HO 1st Line
- Contract Symbol
GOH
- Contract Size
42,000 gallons
- Unit of Trading
Any multiple of 42,000 gallons
- 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
In respect of final settlement, the Floating Price will be a price
in USD and cents per gallon based on the difference between the
average of the high and low quotations as appearing in the
“Platts US Marketscan” under the heading “Gulf
Coast” subheading “Distillates and blendstocks”
and “Pipeline” for “Ultra low sulfur
diesel” and the average of the mean of the high and low
settlement prices as made public by ICE for the Heating Oil 1st
Line Swap Future for each business day (as specified below) in the
determination period.
- Contract Series
Up to 48 consecutive months
- 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