- Trading Screen Product Name
- Platts APAC LNG Derivatives
- Trading Screen Hub Name
- WIM
- Rule Number
13115
- Contract Symbol
WIM
- Contract Size
10,000 MMBtu per contract month
- Unit of Trading
Any multiple of 10,000 MMBtus
- Currency
US Dollars and cents
- Trading Price Quotation
One tenth of one cent ($0.001) per MMBtu
- Last Trading Day
Trading shall cease on the 15th calendar day of the calendar month
prior to the contract month. If the 15th calendar day is not a
business day, then trading shall cease on the next preceding
business day.
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per MMBtu based on the average of the relevant
quotations appearing in “Platts LNG Daily” under the
heading "Platts daily LNG markers ($/MMBtu)” subheading
“DES West India Marker (WIM)" for “DES WIM
(month)” (symbol AARXS00) for each business day (as specified
below) in the determination period.
Non-Common Pricing applies.
- Contract Series
Up to 12 consecutive months, or as otherwise determined by the SEF
- Final Payment Date
Five (5) New York Business Days after each settlement date via wire
transfer of Federal funds
- Business Days
Publication days for Platts LNG Daily
- Other Terms
To be confirmed directly between the parties in their full form of
contract. The terms reflected in such contracts shall be
controlling.
- MIC Code
- ICES
- Clearing Venues
- Bilateral