ICE Futures Europe

Jet Fuel Diff - Jet FOB Rotterdam Barges vs Low Sulphur Gasoil 1st Line Future

Jet Fuel Diff - Jet FOB Rotterdam Barges vs Low Sulphur Gasoil 1st Line Future6753448


A monthly cash settled future based on the difference of the Platts daily assessment price for Jet FOB Rotterdam Barges and the ICE daily settlement price for Low Sulphur Gasoil 1st Line Future.

Market Specifications

Trading Screen Product Name
Jet Fuel Diff Futures
Trading Screen Hub Name
Jet FOB Rdam Bg/LS GO 1st Line
Commodity Code
Contract Size
1,000 metric tonnes
Unit of Trading
Any multiple of 1,000 metric tonnes
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 difference between the mean of the high and low quotations appearing in the "Platts European Marketscan" under the heading "Northwest Europe barges" subheading "FOB Rotterdam" for "Jet"and the average of the settlement prices as made public by ICE for the Low Sulphur Gasoil 1st Line Swap Future.
Roll Adjust Provision
In order to use the correct Floating Price quotations, the nearby month quotation for ICE Low Sulphur Gasoil Futures specified in the Floating Price terms above will be used except for the expiration date of the commodity's underlying delivery month's futures contract. On such date, the applicable pricing quotation will be rolled to the following month's futures contract.
Contract Series
Up to 60 consecutive months
Final Payment Date
One Business Day following the Last Trading Day
Business Days
UK Business Days
MIC Code
Clearing Venues

Trading Hours

New York8:50 PM - 7:00 PM
20:50 - 19:00
8:40 PM
London12:50 AM - 11:00 PM
00:50 - 23:00
12:40 AM
Singapore8:50 AM - 7:00 AM
08:50 - 07:00
8:40 AM

Sunday Pre-Open 5:10 PM ET; Closed on Saturday


Clearing Admin Name
Ref Diffs mt
R&N A.C.N.