Eurobob Oxy FOB Rotterdam Barges Swap74306586
ICE OTC
Eurobob Oxy FOB Rotterdam Barges Swap
Description
A monthly cash settled swap based on the Platts daily assessment price for Eurobob Oxy FOB Rotterdam Barges.
Market Specifications
- Trading Screen Product Name
- Platts Gasoline
- Trading Screen Hub Name
- Eurobob Oxy FOB Rdam Bg (Platts)
- Rule Number
- 13110
- Contract Symbol
- GDG
- Contract Size
- 1,000 metric tonnes
- Unit of Trading
- Any multiple of 1,000 metric tonnes
- Currency
- US Dollars and cents
- Trading Price Quotation
- One cent ($0.01) per metric tonne
- Last Trading Day
- Last Trading Day of the contract month
- 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 “Mid” quotations appearing in the “Platts European Marketscan” under the heading “Northwest Europe barges” subheading “FOB Rotterdam” for “Eurobob” for each business day (as specified below) in the determination period.
- Contract Series
- Up to 60 consecutive months, or as otherwise determined by the SEF
- Final Payment Date
- Five (5) New York Business Days after each settlement date via wire transfer of Federal funds
- Business Days
- Publication days for Platts European Marketscan
- Other Terms
- To be confirmed directly between the parties in their full form of contract. The terms reflected in such contracts shall be controlling.
- MIC Code
- ICES
- Clearing Venues
- Bilateral
Related Products
Codes
- Clearing Admin Name
- Ref Outright mt
- Physical
- GDG
- Logical
- GDG
- GMI (FC)
- *N
- ION A.C.N.
- Symbol Code
- GDG