- Trading Screen Product Name
- gC FOB Indo 3800 Coal Futures
- Trading Screen Hub Name
- Contract Symbol
- Contract Size
1,000 metric tonnes.
- Unit of Trading
Any multiple of lots
The contract price is in US$ per metric tonne.
- Minimum Price Fluctuation
5 Dollar Cents per tonne
- Settlement Price
The weighted average price of trades during a ten-minute settlement
period from 16:05 to 16:15, London Local Time. If there is low
liquidity during this time, Quoted Settlement Prices (QSPs) will be
used to establish the settlement price.
- Last Trading Day
Trading will cease at 12:00 LLT on the last Friday of the delivery
month, quarter, or calendar.
- Trading Period
Up to 48 consecutive months, 13 to 16 quarters and 3 calendar years
- Trading Methods
Electronic futures, Exchange for Physical (EFP), Exchange for Swap
(EFS) and Block Trades are available for this contract.
- Minimum Trading Size
1 lot = 1,000 metric tonnes
- Minimum Block Order
5 lots = 5,000 metric tonnes
- Contract Security
ICE Clear Europe acts as the central counterparty for trades
conducted on ICE Futures Europe.
- Position Limit
All positions in any contract month must be reported to the ICE
Futures Europe on a daily basis. The Exchange has powers to prevent
the development of excessive positions or unwarranted speculation
or any other undesirable situation and may take steps to resolve
such situations including the ability to mandate members to limit
the size of such positions or to reduce positions where
- Delivery/Settlement Terms
The ICE FOB INDO 3800 Coal Contract is cash-settled at an amount
equal to the monthly average globalCoal FOB INDO 3800 Index. The
full methodology for calculation of the Index is available at
- MIC Code
- Clearing Venues