- Trading Screen Product Name
- Gasoline Diff Futures (bbl)
- Trading Screen Hub Name
- Sing Mogas 92 Unl/Naphtha C+F Japan Cg (Platts)
- Contract Symbol
SMJ
- Contract Size
1,000 barrels
- Unit of Trading
Any multiple of 1,000 barrels
- Currency
US Dollars and cents
- Trading Price Quotation
One cent ($0.01) per barrel
- Settlement Price Quotation
One tenth of one cent ($0.001) per barrel
- Minimum Price Fluctuation
One tenth of one cent ($0.001) per barrel
- Last Trading Day
Last Trading Day of the contract month
- Floating Price
In respect of daily settlement, the Floating Price will be determined by ICE using price data from a number of sources including spot, forward and derivative markets for both physical and financial products.
- Final Settlement
In respect of final settlement, the Floating Price will be a price
in USD and cents per barrel based on the difference between the
average of the “Mid” quotations appearing in the
"Platts Asia-Pacific/Arab Gulf Marketscan" under the heading "Asia
Products" subheading "Singapore" and "FOB Singapore ($/barrel)" for
"Gasoline 92 unleaded" and the average of the “Mid”
quotations appearing in the "Platts Asia-Pacific/Arab Gulf
Marketscan" under the heading "Asia Products" subheading "Japan
physical oil assessments" and "C+F Japan ($/mt)" for "Naphtha"
quotation for each business day (as specified below) in the
determination period. conversion factor: 1 metric tonne = 9
barrels.
- Contract Series
Up to 60 consecutive months
- Final Payment Date
Two Clearing House Business Days following the Last Trading Day
- Business Days
Publication days for Platts Asia-Pacific/Arab Gulf Marketscan
- MIC Code
- IFEU
- Clearing Venues
- ICEU