- Trading Screen Product Name
- Gasoline Diff Futures
- Trading Screen Hub Name
- Sing Mogas 92 Unl (Platts)/Argus Eurobob Non-Oxy FOB Rdam Bg
- Contract Symbol
GDJ
- Contract Size
1,000 Barrels
- Unit of Trading
Any multiple of 1,000 Barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.001) per barrel
- Settlement Price Quotation
One tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
One tenth of a cent ($0.001) per Barrel
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
In respect of daily settlement, the Floating Price will be
determined by ICE using price data from a number of sources
including spot, forward and derivative markets for both physical
and financial products.
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per barrel based on the difference between the
average of the “Mid” quotations appearing in the
"Platts Asia-Pacific/Arab Gulf Marketscan" under the heading "Asia
Products" subheading "Singapore" and "FOB Singapore ($/barrel)" for
"Gasoline 92 unleaded" and the average of the mean of the high and
low quotations appearing in the “Argus European
Products” report under the heading “Northwest Europe
light products” for “Eurobob non-oxy” for each
business day (as specified below) in the determination period.
conversion factor: 1 metric tonne = 8.33 barrels.
- 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 Platts Asia-Pacific/Arab Gulf Marketscan and
Argus European Products
- MIC Code
- IFEU
- Clearing Venues
- ICEU