NYMEX Heating Oil Futures

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Heating Oil futures
Exchange NYMEX
Settlement Physically delivered
Contract Size 42,000 U.S. gallons (1,000 barrels)
Pricing Unit Need pricing unit!
Tick Value Need tick value!
Contract Months 36 consecutive months.
Last Trading Day Trading terminates at the close of business on the last business day of the month preceding the delivery month.
  Open Outcry Electronic
Trading Hours Electronic trading is conducted from 6:00 PM until 5:15 PM via the CME Globex trading platform, Sunday through Friday. There is a 45-minute break each day between 5:15PM (current trade date) and 6:00 PM (next trade date). Open outcry trading is conducted from 9:00 AM until 2:30 PM.
Ticker Symbol N/A N/A
Price Limits $0.25 per gallon ($10,500 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes, the limit is expanded by $0.25 per gallon in either direction. If another halt were triggered, the market would continue to be expanded by $0.25 per gallon in either direction after each successive five-minute trading halt. There will be no maximum price fluctuation limits during any one trading session. $0.25 per gallon ($10,500 per contract) for all months. If any contract is traded, bid, or offered at the limit for five minutes, trading is halted for five minutes. When trading resumes, the limit is expanded by $0.25 per gallon in either direction. If another halt were triggered, the market would continue to be expanded by $0.25 per gallon in either direction after each successive five-minute trading halt. There will be no maximum price fluctuation limits during any one trading session.

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