Benzene, IHS MARKIT US Contract Price Future

ICE Futures U.S.

A cash settled future equal to the price published by IHS Markit for the location specified in Reference Price A.

Trading Screen Product Name: Benzene, IHS MARKIT Futures
Trading Screen Hub Name: US Contract Price
Contract Symbol: BUC
Settlement Method: Cash settlement
Contract Size: 1,000 bbl
Currency: US Dollars and cents
Trading Price Quotation: One thousandth of one cent ($0.00001) per gallon
Settlement Price Quotation: One thousandth of one cent ($0.00001) per gallon
Minimum Price Fluctuation: One thousandth of one cent ($0.00001) per gallon
Listing Cycle: Up to 36 consecutive monthly contract months
Last Trading Day: Last Trading Day prior to the contract month
Final Settlement: Reference Price A
REFERENCE PRICE A: MONOMERS - BENZENE US CP – IHS MARKIT
a) Description: "MONOMERS - BENZENE US CP – IHS MARKIT" means that the price for a Pricing Date will be that day's Specified Price per gallon of benzene for delivery on the Delivery Date, stated in US Dollars, published under the heading "Closing Markets – Monomers – US Monthly Benzene Contract Price” in the issue of IHS MARKIT NORTH AMERICA AROMATICS REPORT that reports prices effective on that Pricing Date
b) Pricing Date: Each day that prices are reported for the Delivery Date
c) Specified Price: Price
d) Pricing Calendar: IHS MARKIT
e) Delivery Date: Contract month
Final Payment Date: Three Clearing House Business Days following the Last Trading Day
MIC Code: IFED
Clearing Venues: ICEU

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