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Description

Cash-settled Futures based on the ICE Futures Europe Low Sulphur Gasoil Futures contract

Market Specifications

Trading Screen Product Name

Mini Low Sulphur Gasoil Futures

Trading Screen Hub Name

ICSG

Contract Symbol

GM

Contract Size

10 metric tonnes

Currency

USD

Trading Price Quotation

USD and cents per metric tonne

Minimum Price Fluctuation

Twenty-five cents (USD 0.25) per metric tonne (USD 2.50 per contract)

Contract Series

Contract series to reference ICE Futures Europe Low Sulphur Gasoil Futures

Last Trading Day

Trading shall cease at 4.30 PM London time on the trading day immediately preceding the expiration date of the ICE Futures Europe Low Sulphur Gasoil front month futures contract. In all cases, such other date as the Exchange specifies on its website from time to time may apply instead.

Daily Settlement

Price will reference ICE Futures Europe Low Sulphur Gasoil Futures

Final Settlement

Cash-settled against the ICE Futures Europe Low Sulphur Gasoil Futures Daily Settlement price on the last trading day

ICE Clear Singapore will record cash settlement as of the Business Day (as defined in the ICE Clear Singapore rules) which is the day on which trading has ceased in accordance with these specifications, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICE Clear Singapore’s Finance Procedures and its Rules which may affect the timing of such payment.

Off Exchange Trade Types

For information on Block Trades click here.

For information on Exchange for Related Positions click here.

NCR, RL and IPL Levels

For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.

Daily Settlement Window

Click here

Position Limit

Click here

Trading Hours

Click here.

MIC Code

IFSG

Clearing Venues

ICSG

Trading Hours

Codes