- Trading Screen Product Name
- Gasoline Futures
- Trading Screen Hub Name
- Sing Mogas 92 Unl (Platts)
- Contract Symbol
SMT
- Contract Size
1,000 Barrels
- Unit of Trading
Any multiple of 1,000 Barrels
- Currency
US Dollars and cents
- Trading Price
One cent ($0.01) per Barrel
- Settlement Price
One tenth of a cent ($0.001) per Barrel
- Minimum Price Fluctuation
One tenth of a cent ($0.001) per Barrel
- Last Trading Day
Last Trading Day of the contract month
- Fixed Price
The traded price or the previous day's settlement price
- 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 arithmetic average of the
mid-point 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 the
"Gasoline 92 unleaded" quotation for each Business Day in the
determination period.
- Contract Series
Up to 48 consecutive months will be listed commencing with the next
calendar month. Quarterly and calendar tenors will be listed within
the total number of listed monthly contract months as appropriate.
An additional 12 months will be added to the end of the series upon
the expiry of prompt December contract.
- Final Payment Date
One Business Day following the Last Trading Day
- Business Days
Singapore Business Days
- MIC Code
- IFEU
- Clearing Venues
- ICEU