- Trading Screen Product Name
- Platts Jet (balmo)
- Trading Screen Hub Name
- Sing Kero
- Rule Number
13100
- Contract Symbol
SBJ
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per barrel
- Last Trading Day
Last Trading Day of the contract month
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per barrel based on the average of the
“Mid” quotations appearing in the “Platts
Asia‑Pacific/Arab Gulf Marketscan” under the heading
“Asia Products” subheading “Singapore” and
“FOB Singapore ($/barrel)” for “Kerosene”
for each business day (as specified below) in the determination
period.
- Contract Series
Up to 2 consecutive months, or as otherwise determined by the SEF
- Final Payment Date
Fourteen (14) Calendar Days after each settlement date via wire transfer or Federal funds
- Business Days
Publication days for Platts Asia-Pacific/Arab Gulf Marketscan
- Other Terms
To be confirmed directly between the parties in their full form of contract. The terms reflected in such contracts shall be controlling.
- MIC Code
- ICES
- Clearing Venues
- Bilateral