- Trading Screen Product Name
- Handysize Timecharter Freight Futures
- Trading Screen Hub Name
- Handysize
- Contract Symbol
TCH
- Contract Size
1 day of time charter
- Unit of Trading
Any multiple of 1 day of time charter
- Currency
US Dollars and cents
- Trading Price
$1.00 per Charter Day
- Settlement Price
One cent ($0.01) per Charter Day
- Minimum Price Fluctuation
One cent ($0.01) per Charter Day
- Last Trading Day
Last Trading Day of the contract month
Note: the December contract will expire on the 24th of December or
the previous business day where the 24th of December is a
non-working day.
- 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 day based upon the average of the spot
assessments as made public by the Baltic Exchange for the Handysize
Timecharter Index for each business day (as specified below) in the
determination period.
- Contract Series
Up to 48 consecutive months, or as otherwise determined by the
Exchange.
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Baltic Exchange
- MIC Code
- IFEU
- Clearing Venues
- ICEU