Gasoil Outright - Low Sulphur Gasoil 1st Line Balmo Future6753561
ICE Futures Europe
Gasoil Outright - Low Sulphur Gasoil 1st Line Balmo Future
Description
A balance of the month cash settled future based on the ICE daily settlement price for Low Sulphur Gasoil Futures
Market Specifications
- Trading Screen Product Name
- Gasoil Futures (balmo)
- Trading Screen Hub Name
- LS GO 1st Line
- Contract Symbol
- ULV
- 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
- 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 metric tonne based on the average of the settlement prices as made public by ICE for the ICE Low Sulphur Gasoil Futures contract for each business day (as specified below) in the determination period.
- Roll Adjust Provision
- In order to use the correct Floating Price quotations, the nearby month quotation for ICE Low Sulphur Gasoil Futures specified in the Floating Price terms above will be used except for the expiration date of the commodity's underlying delivery month's futures contract. On such date, the applicable pricing quotation will be rolled to the following month's futures contract.
- 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 ICE
- MIC Code
- IFEU
- Clearing Venues
- ICEU
Related Products
- Low Sulphur Gasoil Futures
- Gasoil Arb - Singapore Gasoil (Platts) vs Low Sulphur Gasoil 1st Line Balmo Future (in Bbls)
- Gasoil Crack - Low Sulphur Gasoil 1st Line vs Brent 1st Line Balmo Future (in Bbls)
- Jet Fuel Diff - Jet CIF NWE Cargoes vs Low Sulphur Gasoil 1st Line Balmo Future
- Heating Oil Arb - Heating Oil 1st Line vs Low Sulphur Gasoil 1st Line Balmo Future Show More
Trading Hours
| City | Trading | Pre-Open |
|---|---|---|
| NEW YORK | 7:50 PM - 6:05 PM* 19:50 - 18:05 | 7:40 PM 19:40 |
| LONDON | 12:50 AM - 11:05 PM 00:50 - 23:05 | 12:40 AM 00:40 |
| SINGAPORE | 8:50 AM - 7:05 AM* 08:50 - 07:05 | 8:40 AM 08:40 |
Sunday Pre-Open 5:10 PM ET; Closed on Saturday
Codes
- Clearing Admin Name
- Ref Outright mt
- Physical
- ULV
- Logical
- ULV
- GMI (FC)
- 9)
- ION A.C.N.
- Symbol Code
- ULV