- Trading Screen Product Name
- Gasoline Futures (balmo)
- Trading Screen Hub Name
- Sing Mogas 97 Unl (Platts)
- Contract Symbol
SMX
- Contract Size
1,000 Barrels
- Unit of Trading
Any multiple of 1,000 Barrels
- Currency
US Dollars and cents
- Trading Price
One cent ($0.01) per Barrel
- Settlement Price
One tenth of a cent ($0.001) per Barrel
- Minimum Price Fluctuation
One tenth of a 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 arithmetic average of the
mid-point of the high and low quotations appearing in the "Platts
Asia-Pacific/Arab Gulf Marketscan" under the heading "Asia
Products" subheading "Singapore" and "FOB Singapore" for the
"Gasoline 97 unleaded" quotation for each Business Day in the
determination period.
- Contract Series
Up to 2 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
- MIC Code
- IFEU
- Clearing Venues
- ICEU