Spark25S Pacific NWS to Tianjin LNG Freight Future

ICE Futures Europe

A financially settled LNG freight future based on the Spark25S assessment as published by Spark Commodities.

Trading Screen Product Name: LNG Freight Time Charter Futures
Trading Screen Hub Name: Spark25S Pacific
Contract Symbol: LFH
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 Spark25S assessment for each publication day in the contract month.
Final Payment Date: Two Clearing House Business Days following the Last Trading Day
Exchange Rulebook: ICE Futures Europe Contract Rules
MIC Code: IFEU
Clearing Venues: ICEU

Sunday Pre-Open 5:40 PM ET; Closed on Saturday

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