- Trading Screen Product Name
- Rotterdam Coal Futures
- Trading Screen Hub Name
- ARA
- Contract Symbol
ATW
- Contract Series
Up to 84 consecutive month contracts.
25 to 28 consecutive quarters.
Quarters are strips of three individual and consecutive contract
months. Quarters always comprise a strip of Jan-Mar, Apr-Jun, Jul-
Sep or Oct-Dec.
6 consecutive seasons.
Seasons are strips of six individual and consecutive contract
months. Seasons always comprise a strip of Apr-Sep or Oct-Mar.
6 consecutive years.
Years are strips of twelve individual and consecutive contract
months comprising Jan - Dec.
Months, quarters, seasons and years are listed in parallel. Upon
expiry of a December monthly contract an additional 12 months, four
quarters, two seasons, and one calendar year are added.
- Contract Size
1,000 metric tonnes per contract month
- Unit of Trading
1,000 metric tonnes of thermal coal
- Minimum Trading Size
Futures: 1 lot = 1,000 metric tonnes
Block Order: 5 lots = 5,000 metric tonnes
- Price Quotation
The contract price is in US Dollars and in US Dollar Cents per
tonne
- Minimum Price Fluctuation
5 Cents ($0.05) per tonne
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Fluctuation
- Last Trading Day
Trading will cease on the last Friday of the delivery month. In the
event of a public holiday on such Friday, the expiry will be on the
preceding Business Day.
- Settlement Method
Financially Settled
- Cash Settlement Price
The contract is cash settled against the API 2 Index published in
the Argus/McCloskey Coal Price Index Report.
- Exchange Rulebook
- MIC Code
- IFEU
- Clearing Venues
- ICEU