- Trading Screen Product Name
- LNG Freight Time Charter Futures
- Trading Screen Hub Name
- Spark30S Atlantic
- Contract Symbol
LFI
- Contract Series
Up to 60 consecutive monthly Contract Periods, or as otherwise
determined by the Exchange. Quarterly, seasonal, calendar, and any
period of consecutive monthly contracts can be registered as a
strip
- Contract Size
1 day of time charter
- Unit of Trading
1 day of time charter
- Minimum Trading Size
Futures: 1 day of time charter
Exchange for Physical (EFP): 1 day of time charter
Exchange for Swap (EFS): 1 day of time charter
Block Order: 1 day of time charter
- Price Quotation
US Dollars and cents per Charter Day
- Minimum Price Fluctuation
1 US Dollar per Charter Day ($1.00/Charter Day)
- Tick Value
Contract Size x Minimum Trade Size x Minimum Price Fluctuation
- Last Trading Day
Trading will cease on the last trading day of the contract month
- Settlement Method
Financially Settled
- Final Settlement
The Final settlement, the Floating Price will be a price in USD and
cents per day based upon the average of the spot assessments as
published by Spark Commodities for the Spark30S assessment for each
publication day in the contract month.
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Exchange Rulebook
- MIC Code
- IFEU
- Clearing Venues
- ICEU