- Trading Screen Product Name
- LNG Freight Time Charter Futures
- Trading Screen Hub Name
- Spark25S Pacific
- Contract Symbol
LFH
- Contract Size
1 day of time charter
- Unit of Trading
Any multiple of 1 day of time charter
- Currency
US Dollars and cents
- Trading Price
$1.00 per Charter Day
- Settlement Price
One cent ($0.01) per Charter Day
- Minimum Price Fluctuation
One cent ($0.01) per Charter Day
- Last Trading Day
Last Trading Day of the contract month
- Daily Settlement
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 day based upon the average of the spot
assessments as published by Spark Commodities for the Spark25S
assessment for each business day (as specified below) in the
contract month.
- Contract Series
Up to 60 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange. Quarterly, seasonal, calendar, and any
period of consecutive monthly contracts can be registered as a
strip.
- Off Exchange Trade Types
Block Trades
Exchange for Physical (EFP)
Exchange for Swap (EFS)
Are available for this contract.
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Spark Commodities
- MIC Code
- IFEU
- Clearing Venues
- ICEU