- Trading Screen Product Name
- London Cocoa Future
- Trading Screen Hub Name
- ICEU
- Contract Symbol
C
- Contract Size
Ten Tonnes
- Price Quotation
£ per metric tonne
- Contract Series
March, May, July, September, December, such that ten delivery
months are available for trading
- Minimum Price Fluctuation
£1 per tonne (£10)
- Settlement
Physical Delivery: Standard Delivery Unit (SDU) – bagged
cocoa with a nominal net weight of ten tonnes. Large Delivery Unit
(LDU) – bagged cocoa with a nominal net weight of 100 tonnes.
Bulk Delivery Unit (BDU) – loose cocoa with a nominal net
weight of 1,000 tonnes
- Delivery Locations
Delivered in an Exchange Nominated Warehouse in a delivery area
which is, in the Board's opinion, in or sufficiently close to
Amsterdam, Antwerp, Bremen, Hamburg, Liverpool, London, Rotterdam.
- Grade/Standards/Quality
Standard Delivery Unit (SDU) – bagged cocoa with a nominal
net weight of ten tonnes. Large Delivery Unit (LDU) – bagged
cocoa with a nominal net weight of 100 tonnes. Bulk Delivery Unit
(BDU) – loose cocoa with a nominal net weight of 1,000
tonnes
Where necessary upon tender, a seller may be instructed by the
Clearing Services Provider to convert a Bulk Delivery Unit into
Large and/or Standard Delivery Units, or a Large Delivery Unit into
Standard Delivery Units
- Daily Price Limit
None
- Deliverable Origins
All African origins are ORIGIN GROUP 1 (No discount)
All other origins are ORIGIN GROUP 2 (50 GBP discount)
- First Notice Day
The business day immediately following the last trading day
- Last Trading Day
Eleven business days immediately prior to the last business day of
the delivery month at 12:00
- Delivery Limits
Delivery limits for IFEU Softs can be found
here.
- Markers
TAS (Trade at Settlement)
- MIC Code
- IFLX
- Clearing Venues
- ICEU