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Table of Contents

NY Harbor ULSD (HO) Futures Daily Settlement Procedure

Normal Daily Settlement Procedure

NYMEX NY Harbor ULSD (HO) futures are settled by CME Group staff based on trading activity on CME Globex during the settlement period. The settlement period is defined as: 14:28:00 to 14:30:00 ET for the Active Month and 14:28:00 to 14:30:00 ET for calendar spreads.

Active Month

The active month is the nearest of the contract months listed. The active month becomes a non-active month (the same day the Crude Oil rolls) effective two business days prior to the Crude Oil spot month expiration.

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http://www.cmegroup.com/rulebook/NYMEX/1a/150.pdf

NYMEX E-mini Heating Oil Futures

Normal Daily Settlement

The settlements in the E-mini Heating Oil (QH) futures contracts are derived directly from the settlements of the regular sized Heating Oil (HO) futures contracts.

Example

If the HOU3 settles 2.9987, then the QHU3 would settle 2.9987.

Final Settlement

CME Group staff determines the settlement of the expiring E-mini Heating Oil (QH) contract by following the regular daily settlement procedure.

Additional Details

E-mini Heating Oil (QH) futures are cash settled upon expiration. For additional details, please see the NYMEX Rulebook (Chapter 404).

 

Include Page
Settlement Disclaimer and Contact
Settlement Disclaimer and Contact