E10 Eurobob FOB Rotterdam Barge

ICE OTC

A monthly cash settled swap based on the Platts daily assessment price for the E10 Eurobob FOB Rotterdam Barges.

Trading Screen Product Name: Platts Gasoline
Trading Screen Hub Name: E10 Eurobob FOB Rdam Bg (Platts)
Rule Number: 13116
Contract Symbol: JFB
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 ($0.001) 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 “E10 Eurobob” for each business day (as specified below) in the determination period
Contract Series: Up to 60 consecutive monthly contracts, or as otherwise determined by the Exchange.
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

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