ICE Futures Europe

Gasoil Diff - Low Sulphur Gasoil 1-Month Calendar Spread Future

Gasoil Diff - Low Sulphur Gasoil 1-Month Calendar Spread Future6753456

Description

A Low Sulphur Gasoil 1-Month Calendar Spread Future

Market Specifications

Trading Screen Product Name
Gasoil Futures
Trading Screen Hub Name
LS GO CSO 1 Month
Commodity Code
UUM
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
Close of business on the Penultimate Trading Day of the underlying ICE Low Sulpher Gasoil Futures contract. In this case the close of business refers to the settlement time of theLow Sulpher Gasoil Futures at 16:30 London time.
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
The reference price will be a price in USD and cents per metric tonne equal to the difference of the nearby ICE Low Sulphur Gasoil Futures contract and the next consecutive contract month of the ICE Low Sulphur Gasoil Futures contract series.
Contract Series
Up to 36 consecutive 1-month calendar spreads
Final Payment Date
One Business Day following the Last Trading Day
Business Days
ICE Business Days
MIC Code
IFEU
Clearing Venues
ICEU

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:00 PM
19:50 - 18:00
7:40 PM
19:40
London12:50 AM - 11:00 PM
00:50 - 23:00
12:40 AM
00:40
Singapore8:50 AM - 7:00 AM
08:50 - 07:00
8:40 AM
08:40

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

Codes

Clearing Admin Name
Ref Outright mt
Physical
UUM
Logical
UUM
GMI(FC)
7K-UM
R&N A.C.N.