- Trading Screen Product Name
- Butane Argus Futures
- Trading Screen Hub Name
- Far East Mini
- Contract Symbol
BUQ
- Settlement Method
Cash settlement
- Contract Size
100 metric tonnes
- Currency
US Dollars and cents
- Trading Price
One cent ($0.01) per metric tonne
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per metric tonne
- Listing Cycle
Up to 72 consecutive monthly Contract Periods
- Last Trading Day
Last Trading Day prior to the contract month
- Final Settlement
Average of Reference Price A prices
- REFERENCE PRICE A
NGL-BUTANE (FAR EAST INDEX)-ARGUS INTERNATIONAL LPG
- a) Ref Price A - Description
"NGL-BUTANE (FAR EAST INDEX)-ARGUS INTERNATIONAL LPG" means that
the price for a Pricing Date will be that day's Specified Price per
tonne of butane, stated in US Dollars, published under the heading
"Asia-Pacific: Argus Far East Index™ (AFEI™): Butane"
in the issue of Argus International LPG that reports prices
effective on that Pricing Date
- b) Ref Price A - Pricing Date
Each day that prices are reported for the Delivery Date
- c) Ref Price A - Specified Price
Price
- d) Ref Price A - Pricing calendar
Argus International LPG
- e) Ref Price A - Delivery Date
Contract month
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- MIC Code
- IFED
- Clearing Venues
- ICEU