globalCOAL Newcastle Coal Early (214 days) Single Expiry Future32375890

Description

Contracts are financially settled based upon the price of coal loaded at the Newcastle Coal Terminal in Australia. The contract is cash settled against the globalCOAL Monthly NEWC Index.

Market Specifications

Trading Screen Product Name
Newcastle Coal Futures
Trading Screen Hub Name
Newcastle 1x Cal (214 days)
Commodity Code
NC2
Trading Model
These are non-tradable futures, used to support the GLOBALCOAL NEWCASTLE EARLY (214 DAYS) SINGLE EXPIRY OPTION at expiry and to hold positions thereafter
Unit of Trading
Any multiple of 1,000 tonnes of coal.
Quotation
US Dollars and cents per tonne
Minimum Price Fluctuation
Screen: $0.01 per tonne.

EFP/EFS/Block: $0.01 per tonne
Maximum Price Fluctuation
No limits.
Daily Margin
All open contracts are marked-to-market daily.
Last Trading Day
Close of business 122/214/305 calendar days before the start of the contract period. If that day is a non-business day, expiry will be on the preceding business day.
MIC Code
IFEU
Clearing Venues
ICEU
Loading...

Trading Hours

CityTradingPre-Open
New York8:00 PM - 6:00 PM
20:00 - 18:00
7:55 PM
19:55
London1:00 AM - 11:00 PM
01:00 - 23:00
12:55 AM
00:55
Singapore9:00 AM - 7:00 AM
09:00 - 07:00
8:55 AM
08:55
Loading...

Codes

Clearing Admin Name
Coal Newc
Physical
NC2
Logical
NCF
GMI(FC)
R&N A.C.N.