E10 Eurobob FOB Rotterdam Barge80904419
ICE OTC

E10 Eurobob FOB Rotterdam Barge

Description

A monthly cash settled swap based on the Platts daily assessment price for the E10 Eurobob FOB Rotterdam Barges.

Market Specifications

Trading Screen Product Name
Platts Gasoline
Trading Screen Hub Name
E10 Eurobob FOB Rdam Bg (Platts)
Rule Number
13116
Contract Symbol
JFB
Contract Size
1,000 metric tonnes
Unit of Trading
Any multiple of 1,000 metric tonnes
Currency
US Dollars and cents
Trading Price Quotation
One cent ($0.001) per metric tonne
Last Trading Day
Last Trading Day of the contract month
Final Settlement
In respect of final settlement, the Floating Price will be a price in USD and cents per metric tonne based on the average of the “Mid” quotations appearing in the “Platts European Marketscan” under the heading “Northwest Europe barges” subheading “FOB Rotterdam” for “E10 Eurobob” for each business day (as specified below) in the determination period
Contract Series
Up to 60 consecutive monthly contracts, or as otherwise determined by the Exchange.
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 European Marketscan
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

Trading Hours

CityTradingPre-Open
New York7:50 PM - 6:05 PM
19:50 - 18:05
7:40 PM
19:40
London12:50 AM - 11:05 PM
00:50 - 23:05
12:40 AM
00:40
Singapore7:50 AM - 6:05 AM
07:50 - 06:05
7:40 AM
07:40

Codes

Clearing Admin Name
Ref Outright mt
Physical
JFB
Logical
JFB
Symbol Code
JFB