Ethylene, OPIS PCW Choctaw Future

ICE Futures U.S.

A monthly cash settled future based upon the average of the daily prices published by OPIS PCW for the location specified in Reference Price A.

Trading Screen Product Name: Ethylene OPIS PCW Futures
Trading Screen Hub Name: Chocktaw
Contract Symbol: CVY
Settlement Method: Cash settlement
Contract Size: 100,000 Pounds
Currency: US Dollars and cents
Minimum Price Fluctuation: One thousandth of one cent ($0.00001) per pound;
Listing Cycle: Up to 72 consecutive monthly Contract Periods
Last Trading Day: Last Trading Day of the contract month
Final Settlement: Average of Reference Price A prices
REFERENCE PRICE A: MONOMERS–ETHYLENE Choctaw FOB– OPIS PETROCHEM WIRE
a) Ref Price A - Description: "MONOMERS–ETHYLENE Choctaw FOB– OPIS PETROCHEM WIRE" means that the price for a Pricing Date will be that day's Specified Price per pound of ethylene, stated in US Dollars, published under the heading "Closing Markets – Monomers – Ethylene Choctaw FOB" in the issue of OPIS PETROCHEM WIRE that reports prices effective on that Pricing Date
b) Ref Price A - Pricing Date: Each day that prices are reported for the Delivery Date
c) Ref Price A - Specified Price: Average
d) Ref Price A - Pricing calendar: OPIS PETROCHEM WIRE
e) Ref Price A - Delivery Date: Contract month
Final Payment Date: Two Clearing House Business Days following the Last Trading Day
MIC Code: IFED
Clearing Venues: ICEU

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