Gasoil Diff - Low Sulphur Gasoil 1-Month Calendar Spread Future

ICE Futures Europe

A Low Sulphur Gasoil 1-Month Calendar Spread Future

Trading Screen Product Name: Gasoil Futures
Trading Screen Hub Name: LS GO CSO 1 Month
Contract Symbol: UUM
Contract Size: 100 metric tonnes
Unit of Trading: Any multiple of 100 metric tonnes
Currency: US Dollars and cents
Trading Price Quotation: One cent ($0.01) per metric tonne
Settlement Price Quotation: One tenth of one cent ($0.001) per metric tonne
Minimum Price Fluctuation: One tenth of one cent ($0.001) per metric tonne
Last Trading Day: Close of business on the Penultimate Trading Day of the underlying ICE Low Sulpher Gasoil Futures contract. In this case the close of business refers to the settlement time of theLow Sulpher Gasoil Futures at 16:30 London time.
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: The reference price will be a price in USD and cents per metric tonne equal to the difference of the nearby ICE Low Sulphur Gasoil Futures contract and the next consecutive contract month of the ICE Low Sulphur Gasoil Futures contract series.
Contract Series: Up to 36 consecutive 1-month calendar spreads
Final Payment Date: One Business Day following the Last Trading Day
Business Days: ICE Business Days
MIC Code: IFEU
Clearing Venues: ICEU

Sunday Pre-Open 5:10 PM ET; Closed on Saturday

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