ICE Markets Expiry Calendar

New enhancements to our digital expiry calendar help you easily access important information for the markets you trade.

View now

Ethylene, OPIS PCW Choctaw Future71544052
ICE Futures U.S.

Ethylene, OPIS PCW Choctaw Future

Description

A monthly cash settled future based upon the average of the daily prices published by OPIS PCW for the location specified in Reference Price A.

Market Specifications

Trading Screen Product Name
Ethylene OPIS PCW Futures
Trading Screen Hub Name
Chocktaw
Contract Symbol
CVY
Settlement Method
Cash settlement
Contract Size
100,000 Pounds
Currency
US Dollars and cents
Minimum Price Fluctuation
One thousandth of one cent ($0.00001) per pound;
Listing Cycle
Up to 72 consecutive monthly Contract Periods
Last Trading Day
Last Trading Day of the contract month
Final Settlement
Average of Reference Price A prices
REFERENCE PRICE A
MONOMERS–ETHYLENE Choctaw FOB– OPIS PETROCHEM WIRE
a) Ref Price A - Description
"MONOMERS–ETHYLENE Choctaw FOB– OPIS PETROCHEM WIRE" means that the price for a Pricing Date will be that day's Specified Price per pound of ethylene, stated in US Dollars, published under the heading "Closing Markets – Monomers – Ethylene Choctaw FOB" in the issue of OPIS PETROCHEM WIRE that reports prices effective on that Pricing Date
b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
c) Ref Price A - Specified Price
Average
d) Ref Price A - Pricing calendar
OPIS PETROCHEM WIRE
e) Ref Price A - Delivery Date
Contract month
Final Payment Date
Two Clearing House Business Days following the Last Trading Day
MIC Code
IFED
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

*Next Day

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

Codes

Clearing Admin Name
Olefins Master
Physical
CVY
Logical
CVY
GMI (FC)
NX
Symbol Code
CVY