The changes include:
- The sessions offered each day will be expanded from the first four months of trading to the first 12.
- The sessions on Mondays through Thursdays (except days preceeding a holiday) will begin at 3:25 PM and last two-minutes. Currently, the start time of the two minute session is determined on a daily basis.
- The sessions on Fridays and days preceeding a holiday will continue to start at 3:30 PM, but will be reduced to a five-minute session from a ten-minute session.
- Crude Oil 20 ticks
- Heating Oil 50 ticks
- Unleaded Gasoline 50 ticks
- Natural Gas 50 ticks
Prices will also be disseminated for the Monday through Thursday sessions, as they are for the end-of-week session, without any impact on settlement prices.