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Mini Brent Crude Futures (100 BBL)79696476

ICE Futures Singapore

Mini Brent Crude Futures (100 BBL)

Description

Cash-settled Futures based on the ICE Futures Europe Brent Crude Futures contract

Market Specifications

Trading Screen Product Name
Mini Brent Crude Futures
Trading Screen Hub Name
ICSG
Contract Symbol
BM
Contract Size
100 barrels
Currency
USD
Trading Price Quotation
USD and cents (USD 0.01) per barrel
Minimum Price Fluctuation
USD and cents (USD 0.01) per barrel (USD 1.00 per contract)
Contract Series
Contract series to reference ICE Futures Europe Brent Crude Futures
Last Trading Day
Trading shall cease at the end of the designated settlement period on the last business day of the second month preceding the relevant contract month (e.g. the March contract month will expire on the last business day of January). If the day on which trading is due to cease would be either:

(i) the business day preceding Christmas day, or

(ii) the business day preceding New Year’s Day,

then trading shall cease on the next preceding business day.

In all cases, such other date as the Exchange specified on its website from time to time may apply instead.
Daily Settlement
Price will reference ICE Futures Europe Brent Crude Futures.
Final Settlement
Cash-settled against the ICE Brent Index price as published by ICE Futures Europe on the ICE Futures Europe trading day which immediately follows the Exchange’s expiration date for the contract (the “Calculation Date”).

ICE Clear Singapore will record cash settlement as of the Business Day (as defined in the ICE Clear Singapore rules) which occurs on the Calculation Date, with such update being effected on the following Business Day, subject in all cases to any relevant term in ICE Clear Singapore’s Finance Procedures and its Rules which may affect the timing of such payment.
Off Exchange Trade Types
For information on Block Trades click here.

For information on Exchange for Related Positions click here.
NCR, RL and IPL Levels
For most up-to-date No Cancellation Range and Reasonability Limits click here.

For most up-to-date Interval Price Limits click here.
Daily Settlement Window
Position Limit
Trading Hours
MIC Code
IFSG
Clearing Venues
ICSG

Related Products

Trading Hours

CityTradingPre-Open
New York8:00 PM - 6:00 PM*
20:00 - 18:00
7:45 PM
19:45
London1:00 AM - 11:00 PM*
01:00 - 23:00
12:45 AM
00:45
Singapore8:00 AM - 6:00 AM*
08:00 - 06:00
7:45 AM
07:45

*Next Day

SG Mondays: Open will begin 2 hours earlier than usual; Pre-open will begin 2:45mins earlier than usual

Codes

Clearing Admin Name
Brent Mini
Physical
BM
Logical
BM
Symbol Code
BM