Dubai 1st Line Balmo Future6753471
ICE Futures Europe
Dubai 1st Line Balmo Future
Description
A balance of the month cash settled future based on the Platts daily assessment price for Dubai Crude
Market Specifications
- Trading Screen Product Name
- Crude Futures (balmo)
- Trading Screen Hub Name
- Dubai 1st Line
- Contract Symbol
- DBJ
- Contract Size
- 1,000 barrels
- Unit of Trading
- Any multiple of 1,000 barrels
- Currency
- US Dollars and cents
- Trading Price Quotation
- One cent ($0.01) per barrel
- Settlement Price Quotation
- One tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
- One tenth of one cent ($0.001) per barrel
- Last Trading Day
- Last Trading Day of the contract month
- Floating Price
- In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
- Final Settlement
- In respect of final settlement, the Floating Price will be a price in USD and cents per barrel based on the average of the "Mid" quotations appearing in "Platts Crude Oil Marketwire" under the heading "Key benchmarks ($/barrel)" for "Dubai" prompt month for each business day (as specified below) in the determination period.
- Contract Series
- Up to 2 consecutive months
- Final Payment Date
- Two Clearing House Business Days following the Last Trading Day
- Business Days
- Publication days for Platts Crude Oil Marketwire
- MIC Code
- IFEU
- Clearing Venues
- ICEU
Related Products
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 8:00 PM - 6:00 PM* 20:00 - 18:00 | 7:45 PM 19:45 |
| LONDON | 1:00 AM - 11:00 PM 01:00 - 23:00 | 12:45 AM 00:45 |
| SINGAPORE | 9:00 AM - 7:00 AM* 09:00 - 07:00 | 8:45 AM 08:45 |
*Next Day
Sunday Pre-Open 5:00 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Dubai Crude
- Physical
- DBJ
- Logical
- DBJ
- GMI (FC)
- 9N
- ION A.C.N.
- Symbol Code
- DBJ