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Heating Oil (Globex) (NYMEX)

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Contract Specifications:HO_,NYMEX
Trading Unit: 42,000 U.S. gallons (1,000 barrels)
Tick Size: $0.0001 (0.01c) per gallon ($4.20 per contract)
Quoted Units: US $ per gallon
Initial Margin: $12,150   Maint Margin: $9,000
Contract Months: All 12 months.
First Notice Day: Second business day after last trading day.
Last Trading Day: Trading terminates at the close of business on the last business day of the month preceding the delivery month.
Trading Hours: Electronic trading: 6:00 PM until 5:15 PM on CME Globex Platform.
Daily Limit: $0.25 per gallon ($10,500 per contract)


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