- Trading Screen Product Name
- Ethylene ICIS Futures
- Trading Screen Hub Name
- FD NWE
- Contract Symbol
EFN
- Settlement Method
Cash settlement
- Contract Size
100 metric tonnes
- Currency
EUR
- Minimum Price Fluctuation
The price quotation convention shall 0.1 Euro Cent per MT
(€0.001/MT); minimum price fluctuation may vary by trade type.
- Listing Cycle
Up to 36 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange
- Last Trading Day
Last Trading Day prior to the contract month.
- Final Settlement
Reference Price A
- REFERENCE PRICE A
Ethylene, FD NWE
- a) Ref Price A - Description
“Contract Price, Ethylene, FD NWE” means that the price
for a pricing date will be that day’s specified price per
metric tonne of ethylene for delivery on the delivery date, stated
in EURO, published under the heading “Contract Prices,
Ethylene, FD NWE,” or any successor headings where the
applicable prices are published, in the issue of the ICIS Europe
Ethylene Report 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
Price
- d) Ref Price A - Pricing calendar
ICIS
- 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