- Trading Screen Product Name
- Crude Futures
- Trading Screen Hub Name
- Brent Sing Marker Pen 1st Line
- Contract Symbol
BSA
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per barrel
- Settlement Price Quotation
One tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per barrel
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
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 barrel based on the average of the Singapore
Marker prices (at 16:30 Singapore Prevailing Time) as made public
by ICE for the front month ICE Brent Crude Future contract for each
business day (as specified below) in the determination period.
- Roll Adjust Provision
The Floating Price quotations, used for determining the Final
Settlement Price, will be the front month Brent Crude Future
contract Singapore Marker prices, except on the expiration date of
the front month Brent Crude Future contract. On such date, the
applicable Floating Price quotation will be the Singapore Marker
price of the following month’s Brent Crude Future contract.
- Contract Series
Up to 48 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Trading
- Business Days
ICE business days
- MIC Code
- IFEU
- Clearing Venues
- ICEU