New York Harbor Diesel futures are traded on the New York Mercantile Exchange under ticker symbol LH in U.S. dollars and cents per barrel.[1]
The chart at left shows front-month New York Harbor Diesel prices on the NYMEX in dollars per barrel.
Delivery Dates
New York Harbor Diesel futures are delivered every year in January, February, March, April, May, June, July, August, September, October, November and December (all months).[1]
The following is a table with New York Harbor Diesel futures delivery dates and resultant tickers for 2009. For an explanation on commodity tickers see commodity ticker construction.
| Delivery Month
| Full Ticker Symbol
| Thomson-Reuters Symbol
|
| January, 2009 | LHF9 | LH/F9-NM
|
| February, 2009 | LHG9 | LH/G9-NM
|
| March, 2009 | LHH9 | LH/H9-NM
|
| April, 2009 | LHJ9 | LH/J9-NM
|
| May, 2009 | LHK9 | LH/K9-NM
|
| June, 2009 | LHM9 | LH/M9-NM
|
| July, 2009 | LHN9 | LH/N9-NM
|
| August, 2009 | LHQ9 | LH/Q9-NM
|
| September, 2009 | LHU9 | LH/U9-NM
|
| October, 2009 | LHV9 | LH/V9-NM
|
| November, 2009 | LHX9 | LH/X9-NM
|
| December, 2009 | LHZ9 | LH/Z9-NM
|
Contract Specifications
Contract Size
One New York Harbor Diesel futures contract on the New York Mercantile Exchange is 1,000 U.S. barrels (42,000 gallons).[1]
Tick Value
$0.0001 per gallon.[1]
Daily Price Limit
None.[1]
Trading Hours
- On the CME Globex electronic platform: 6:00 PM until 5:15 PM Sunday through Friday. There is a 45-minute break each day between 5:15PM (current trade date) and 6:00 PM (next trade date), New York Time.[1]
- Open Outcry (pit session): 9:10 AM until 2:30 PM, New York Time.[1]
Last Trading Day
Trading terminates at the close of business on the last business day of the month prior to the delivery month.[1]
Deliverable Grades
15 PPM Sulfur ULSD using the Colonial Pipeline specifications for 61 Grade ULSD.[1]
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 The New York Mercantile Exchange's contract specification for New York Harbor Diesel futures