ICE Futures Europe

Gasoline Outright - Argus Eurobob Oxy FOB Rotterdam Barges Balmo Mini Future

Gasoline Outright - Argus Eurobob Oxy FOB Rotterdam Barges Balmo Mini Future31687094

Description

A balance of the month cash settled mini future based on the daily Argus Eurobob Oxy FOB Rotterdam Barges.

Market Specifications

Trading Screen Product Name
Gasoline Futures (balmo)
Trading Screen Hub Name
Argus Eurobob Oxy FOB Rdam Bg Mini
Commodity Code
A90-A9U
Contract Size
100 metric tonnes
Unit of Trading
Any multiple of 100 metric tonnes
Currency
US Dollars and cents
Trading Price Quotation
One cent ($0.01) per metric tonne
Settlement Price Quotation
One tenth of one cent ($0.001) per metric tonne
Minimum Price Fluctuation
One tenth of one cent ($0.001) per metric tonne
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 metric tonne based on the average of the mean of the high and low quotations appearing in the “Argus European Products Report” under the heading “Northwest Europe” subheading “barge” for “Euro‑Bob Oxy” for each business day (as specified below) 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 Argus European Products
MIC Code
IFEU
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:05 PM
19:50 - 18:05
7:40 PM
19:40
London12:50 AM - 11:05 PM
00:50 - 23:05
12:40 AM
00:40
Singapore7:50 AM - 6:05 AM
07:50 - 06:05
7:40 AM
07:40

Sunday Pre-Open 5:40 PM ET; Closed on Saturday

Codes

Clearing Admin Name
Ref Outright mt
Physical
A90-A9U
Logical
AEN
GMI(FC)
R&N A.C.N.