Your browser is unsupported

Description

A Low Sulphur Gasoil Bullet Future.

Market Specifications

Trading Screen Product Name

Gasoil Futures

Trading Screen Hub Name

LS GO Bullet

Contract Symbol

UUB

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

Trading shall cease one Business day prior to the ICE Gasoil Futures, ie. 3 Business Days prior to the 14th calendar day of the delivery.

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 metric tonne equal to the price as made public by ICE for the ICE Low Sulphur Gasoil Futures contract for the month of production on the Penultimate Trading Day.

Contract Series

Up to 60 consecutive months

Final Payment Date

Two Clearing House Business Days following the Last Trading Day

Business Days

Publication days for ICE

MIC Code

IFEU

Clearing Venues

ICEU

Related Products

• Low Sulphur Gasoil Futures
• Gasoil Crack - Low Sulphur Gasoil 1st Line vs Brent 1st Line Future (in Bbls)
• Gasoil Diff - Singapore Gasoil (Platts) vs Low Sulphur Gasoil 1st Line Future (in Bbls)
• Low Sulphur Gasoil 1st Line Future
• Heating Oil Arb - Heating Oil 1st Line vs Low Sulphur Gasoil 1st Line Future (in Bbls)
Show More

Trading Hours

Codes