- Trading Screen Product Name
- Jet Fuel Crack Futures
- Trading Screen Hub Name
- Sing Kero (Platts)/Dubai 1st Line (Platts)
- Contract Symbol
SFF
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per barrel
- Settlement Price Quotation
One tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per barrel
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
In respect of daily settlement, the Floating Price will be
determined by ICE using price data from a number of sources
including spot, forward and derivative markets for both physical
and financial products.
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per barrel based on the difference between the
average of the “Mid” quotations appearing in the
“Platts Asia-Pacific/Arab Gulf Marketscan” under the
heading “Singapore” subheading “FOB Singapore
($/barrel)” for “Kerosene” and the average of the
“Mid” quotations appearing in the Platts “Crude
Oil Marketwire” under the heading “Key Benchmarks
($/barrel)” for “Dubai” prompt month for each
business day (as specified below) in the determination period.
Non-Common Pricing applies.
- Contract Series
Up to 60 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Platts Asia Pacific/Arab Gulf Marketscan and
Platts Crude Oil Marketwire
- MIC Code
- IFEU
- Clearing Venues
- ICEU