Gasoline Outright - Singapore Mogas 95 Unleaded (Platts) Balmo Future28659487
ICE Futures Europe
Gasoline Outright - Singapore Mogas 95 Unleaded (Platts) Balmo Future
Description
A balance of the month cash settled future based on the Platts daily assessment price for Singapore Mogas Gasoline 95 unleaded
Market Specifications
- Trading Screen Product Name
- Gasoline Futures (balmo)
- Trading Screen Hub Name
- Sing Mogas 95 Unl (Platts)
- Contract Symbol
- SMG
- 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 mean of the high and low quotations appearing in the "Platts Asia-Pacific/Arab Gulf Marketscan" under the heading "Asia Products" subheading "Singapore" and "FOB Singapore" for "Gasoline 95 unleaded" for each business day (as specified below) in the determination period.
- Contract Series
- Up to 2 consecutive months
- Final Payment Date
- Two Clearing House Business Days following the Last Trading Day
- Business Days
- Publication days for Platts Asia-Pacific/Arab Gulf Marketscan
- MIC Code
- IFEU
- Clearing Venues
- ICEU
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Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 6:50 PM - 5:05 PM* 18:50 - 17:05 | 6:40 PM 18:40 |
| LONDON | 11:50 PM - 10:05 PM* 23:50 - 22:05 | 11:40 PM 23:40 |
| SINGAPORE | 7:50 AM - 6:05 AM* 07:50 - 06:05 | 7:40 AM 07:40 |
*Next Day
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- RefOutright bbl
- Physical
- SMG
- Logical
- SMG
- GMI (FC)
- QD
- ION A.C.N.
- Symbol Code
- SMG